Unlocking the Outback: Land Access and the Rich Tapestry of Pastoral Living in Australia’s Vast Shepherding Regions By APN National Perspective This information is for general guidance only and not financial advice. Introduction: A Heartfelt Connection to the Land In the heart of Australia, where the sun paints the rugged landscape in hues of ochre...
By: APN National Perspective This information is for general guidance only and not financial advice. The Allure of Queensland’s Coast Queensland, with its stunning beaches, vibrant marine life, and sunny skies, beckons both locals and tourists alike. The appeal of its beachfront resorts and eco-friendly holiday homes offers so much more than just a picturesque...
By APN National Perspective This information is for general guidance only and not financial advice. Introduction Picture this: rolling hills dotted with gum trees, the scent of bush flowers wafting in the air, and the gentle mooing of cattle in the background. This is the reality for many Australians living in the heart of our...
Strong demand for inner-city land was evident at the recent auction of 18 vacant blocks in Haberfield, Sydney. The former Department of Defence lots at 140A Hawthorne Pde fetched a total of $44 million, exceeding reserves in many cases. Over 60 registered bidders competed for the prime real estate, highlighting the scarcity of vacant land close to the CBD. Lots ranged in size from 500sqm to 1044sqm, with an average sale price of $2.44 million. The highest price paid was $3.06 million for a 721sqm block. This auction demonstrates the significant buyer appetite and price premiums achievable for well-located development sites in Sydney's inner west, offering valuable insights for Australian property professionals.
Chinese marketplace Temu's Australian expansion presents significant implications for Australian property professionals. Temu now allows thousands of Australian businesses to sell directly to its 3.8 million Australian users, potentially impacting retail dynamics and consumer spending habits. Faster delivery times through local sellers could challenge established retailers and influence warehouse demand. While Temu offers a low-cost sales channel for businesses, the "trading down" phenomenon identified by Roy Morgan, with $1.7 billion spent on the platform in the last year, suggests consumers are prioritizing affordability. This trend could influence retail property vacancy rates and rental prices, particularly in shopping centres reliant on discretionary spending. The shift towards online marketplaces, coupled with Temu's predominantly male customer base (65%), necessitates a reassessment of retail strategies and property development focused on evolving consumer behaviors and potentially, increased demand for last-mile logistics infrastructure. This expansion warrants close monitoring by property professionals to understand its long-term impact on the Australian retail landscape.
Australian property professionals should heed the lessons from the global life science sector, exemplified by Aussie Matt Callahan's success in Philadelphia. Callahan's story, while focused on innovation, underscores key drivers influencing demand for specific property types: skilled labour, research funding, proximity to universities, and government support.
The growth of life science hubs creates demand for specialised laboratories, commercial office space, and residential properties. In Australia, emerging hubs in Melbourne, Sydney, and Brisbane offer opportunities, requiring strategic property investment near universities, hospitals, and research institutions. Success hinges on understanding government incentives, adaptable property designs for specialised tenants, and the creation of appealing living environments to attract talent.
However, challenges exist. Competition for skilled workers is intense, and reliance on government funding can create uncertainty. A long-term investment horizon is crucial, given the prolonged research and development cycles. Property professionals must balance opportunities with cautious planning to avoid oversupply, and diversification remains key to mitigating risks. Monitoring the growth of the life science sector, both in Australia and internationally, is essential for identifying emerging opportunities and navigating the evolving property landscape.
15-Minute Cities in Australia: Unlocking Convenience and Sustainability for Urban Living Imagine waking up in a city where everything you need is just a short stroll away. The aroma of fresh coffee greets you from the local café, while friendly faces wave as you walk to the park. This is the everyday reality for those...
Sydney-based Fair Workplace Solutions (FWS) offers specialist employment law services tailored for Australian businesses. For property professionals, navigating complex Fair Work Act regulations for staff, contractors, and tenant disputes is crucial. FWS provides direct access to experienced employment lawyers, bypassing intermediaries for faster, more cost-effective advice. Their expertise covers drafting contracts, policies, and representation in Fair Work or other claims. Based in Bella Vista, they serve businesses across Australia, emphasizing proactive advice to navigate the evolving employment law landscape and foster positive workplace cultures. This direct access model benefits HR and Employment Relations professionals in the property sector seeking compliant and efficient workplace management. For further info, visit fairworkplacesolutions.com.au.
For many Australians, retirement signifies a significant transition, often accompanied by complex decisions about housing, particularly downsizing. This emotional journey is bittersweet, filled with nostalgia and anxiety, as homeowners move from homes rich with memories to smaller, more manageable spaces. Property professionals are not just transaction facilitators but also trusted guides who can empathize with clients’ motivations for downsizing, which may include financial benefits, reduced home maintenance, or enhanced community living.
Understanding the emotional landscape is crucial; clients often face the challenge of sorting through belongings and reconciling what they leave behind. Offering support through sorting sessions, facilitating estate sales, and encouraging the retention of meaningful mementoes can greatly alleviate the strain of this process.
The benefits of downsizing—financial freedom, simplified living, and a newfound sense of community—can far surpass initial discomfort. However, it’s essential to navigate potential challenges, such as attachment to the family home and fear of change. Encouraging clients to envisage the advantages of their new lifestyle can pave the way for a smoother transition.
As property professionals, the role encompasses providing market insights, connecting clients with necessary resources, and offering emotional support. By fostering a deeper understanding of this phase, agents can help clients embrace retirement as an exciting opportunity rather than merely a logistical move. Ultimately, this partnership can enhance the experience of life after retirement, ensuring that memories endure even as homes change.
Help to Buy Boost: Missing the Global Prefab Play? The 2025 Federal Budget has allocated further funding to the Help to Buy scheme and prefabricated housing initiatives, while simultaneously introducing measures to discourage foreign investment. This mixed approach prompts questions regarding the government’s overall strategy for boosting housing supply and affordability, especially in the context...
Australian construction and property professionals attending Bauma, the world's leading construction machinery trade fair, should consider visiting KHL Group's stand (Hall B5, booth 401) to gain crucial insights into global construction trends. KHL Group (publisher of International Construction and Construction Europe) offers valuable market intelligence on advancements impacting the Australian construction landscape. Learn about Building Information Modelling (BIM), Artificial Intelligence (AI), robotics, 3D printing, drones, and the Internet of Things (IoT).
KHL's Off-Highway Research provides market research beneficial for equipment procurement. The KHL Content Studio showcases how companies are promoting construction tech. Attendees can also learn about KHL events for international networking. While technology adoption presents opportunities for improved efficiency and sustainability, challenges like investment costs, workforce training, and cybersecurity must be addressed. A visit to KHL provides Australian professionals with the knowledge to strategically leverage global innovations for competitive advantage.
A US initiative involving Alquist 3D and the State of Colorado to establish a 3D printed housing hub offers valuable insights for the Australian property sector. The $4 million public-private partnership aims to develop skills, materials, and showcase projects for 3D construction.
This model potentially addresses key challenges in Australia, including escalating costs, labour shortages, and housing affordability. 3D printing could reduce reliance on traditional labour and potentially fast-track projects, especially in remote areas. It presents opportunity for more eco-friendly builds with less waste. The article highlights design flexibility to cater to unique community demands.
However, Australian property professionals should be aware of hurdles. Regulatory frameworks need to adapt to 3D printed construction, and the industry must invest in training to facilitate workforce transition. Material limitations specific to Australian conditions and high start-up costs also need consideration. Community acceptance of this new build aesthetic is important.
While not a silver bullet, 3D printing can revolutionize construction efficiency and addresses housing issues. To capitalise on this opportunity, Australia needs collaborative efforts between government, industry, and educational institutions to develop standards, invest in R&D, and provide adoption incentives. The Alquist 3D project serves as a blueprint for Australia to foster innovation and build a more sustainable future by integrating this new tech into the property development landscape.
Bridging the Gap: How Technological Advancements and the Future of Work are Shaping Inequality in Australia’s Property Market By: APN Economic Analyst Introduction The intersection of technological advancements and the future of work is reshaping economies globally, and Australia is no exception. This article aims to dissect how these changes influence inequalities within Australia’s property...
Welcome to the Neighbourhood Aldinga Beach, located just 45 minutes south of Adelaide, is a true hidden gem of South Australia’s coastline. With its stunning beaches, vibrant community, and rich history, this charming suburb has become a favoured spot for families, retirees, and investors alike. Known for its friendly locals and laid-back lifestyle, Aldinga Beach...
Australia's residential housing stock reached a record $11 trillion at the end of 2024, with the average dwelling valued at nearly $980,000, creating a nation of "paper millionaires." This contributes to Australia's high ranking in global wealth surveys, according to recent ABS data, which reveals total household wealth at $16.95 trillion, a 6.6% increase year-on-year. Per capita household net wealth hit a record high of $617,643.
However, this wealth is largely tied up in illiquid assets like property and superannuation, leaving many Australians "cash-poor." Finder's research indicates that the majority of household net worth is "untouchable," invested in these areas.
The author argues that this inflated housing wealth is a mirage, exacerbating affordability issues for younger generations. They propose that Australians would be better off with lower average home values and reduced household debt. The current system, with homes costing significantly more, disadvantages future generations, diverting capital from productive businesses and representing a gross misallocation of resources. For property professionals, this highlights the growing tension between asset value and affordability, posing challenges for sustainable market growth and equitable access to housing.
Dual occupancy development is a growing trend in the Australian property market, offering opportunities for homeowners and investors to maximise land use. For Australian property professionals, understanding the nuances between battle-axe (house-behind-house) and side-by-side configurations is paramount. Battle-axe developments, cost-effective due to retaining the existing dwelling, are ideal for deep blocks and privacy-focused clients, though shared access and perceived lower value can be drawbacks. Side-by-side subdivisions, requiring wider blocks and potentially higher initial investment including demolition, maximise property value through coveted street frontage and broader market appeal, simplifying access and services.
For agents, highlighting battle-axe privacy and affordability versus side-by-side's enhanced value proposition is key. Developers must weigh cost savings and block suitability against market demand for street frontage. Property managers need to consider the implications of shared driveways in battle-axe setups. The strategic choice between the two hinges on aligning client goals – cost sensitivity and privacy versus value maximization – with site characteristics and market conditions. Mastering these distinctions ensures informed decision-making and success in Australia's expanding dual occupancy landscape.
The Frankston manor, "Bruce Manor," once home to Prime Minister Stanley Bruce, is on the market for $2.7-$2.9 million, offering key insights into Melbourne's prestige property market, particularly in outer suburbs. The 10-bedroom, circa-1926 property, reminiscent of The Lodge in Canberra, boasts meticulously restored historical features and is listed with the National Trust.
Belle Property Mentone highlights its potential as a wedding venue or B&B, subject to council approval, broadening its appeal. For Australian property professionals, this sale provides valuable lessons. For real estate agents, it underscores the need for specialised marketing for heritage and high-end properties. For property managers, any adaptive reuse of the property into a hospitality venue means additional considerations and areas for potential management. While limited by heritage restrictions, developers and investors should observe for any sensitive future development opportunities on the large block of land, dependant upon council regulations.
The sale outcome, via Expressions of Interest closing April 7th, will be a crucial indicator of prestige property market strength amidst fluctuating interest rates and economic uncertainties. The property's unique appeal will be a major factor in its success, serving as a microcosm of the broader market trends.
Futurescape: Navigating Financial Innovation and Disruption in Australia’s Economic Landscape In recent years, the Australian economy has been shaped profoundly by financial innovation and disruptions, particularly in the property market. With the rapid advancement of technology, the emergence of cryptocurrencies, Central Bank Digital Currencies (CBDCs), and the rise of fintech solutions have begun to reshape...
The upcoming federal election in Australia is poised to significantly impact Queensland's property market, particularly in Brisbane. The seat of Brisbane, currently held by the Greens' Stephen Bates, is shaping up as a key battleground between Labor, the Liberal National Party (LNP), and the Greens. The LNP, with candidate Trevor Evans aiming to reclaim the seat, launched their campaign in Brisbane, signalling its strategic importance.
Greens leader Adam Bandt acknowledges the intensified competition, anticipating targeted campaigns from both major parties. For Australian property professionals, this heightened political focus on Brisbane could influence investor sentiment and development priorities. Understanding the political landscape and potential policy shifts in key Queensland electorates is crucial for making informed decisions in the evolving property market. The outcome of this election could have cascading effects on investment, infrastructure, and future property values across the city.
James Paterson, Coalition campaign spokesperson, stated details of the Coalition's plan to cut 41,000 public sector jobs will be released soon. While acknowledging the significant impact this would have, particularly in Canberra where a large portion of public servants are located, Paterson defended the cuts, citing a lack of value for taxpayers.
The implications for the property sector are potentially significant. A reduction of this scale could impact property demand in regions with a high concentration of public sector employment, such as Canberra. This could affect both residential and commercial property values, vacancy rates, and investment strategies. Property professionals should monitor the details of the Coalition's plan and its potential impact on local markets. Understanding where cuts are targeted and potential replacement by contractors is crucial for informed investment decisions and market analysis. It remains to be seen how the Coalition intends to execute these cuts and how this potentially affects property markets.
For Australian property professionals, the upcoming federal election presents a critical juncture. The Coalition, under Peter Dutton, has pledged to cut 41,000 public sector jobs, a move with potential ramifications for the Canberra property market, given the concentration of public servants in the ACT. While details remain scarce, this proposed reduction raises questions about future office space demand and potential impacts on rental and property values within the capital. Furthermore, the Coalition's gas reservation policy, aimed at lowering energy costs by prioritizing domestic supply, could influence the operating expenses of commercial properties. Property professionals should monitor these policy developments closely, as they could significantly reshape the Australian property landscape.
Navigating the intricate dynamics of Australia's property market demands a keen understanding of the evolving workforce shaped by technology. As automation and remote work gains traction, forecasts suggest that by 2030, up to 15% of Australians may need to change occupations. This shift brings uncertainty for workers like construction professionals while also creating opportunities for others, such as individuals pivoting to tech careers through community support.
The rise of remote work is altering housing demand, shifting preferences from urban centers to suburban and regional locations, as families seek more space and affordability. This trend carries significant implications for property professionals, who must adapt to changing market dynamics and buyer preferences. Urban planners highlight the necessity for policies that support these transitions, addressing housing affordability and infrastructure challenges in emerging communities.
Collaboration among local authorities, property developers, and community organizations is crucial. Initiatives like training programs, tech education investments, and affordable housing projects are becoming essential for maintaining resilience in the property sector. Property professionals should engage in community education, support local development initiatives, and advocate for adaptive policies that reflect these shifts.
Ultimately, embracing this transformative era requires property professionals to recognize the interconnectedness of workforce changes and housing trends, fostering resilience and innovation in a rapidly evolving market. By empowering communities and adapting to new realities, professionals can navigate the future with optimism and strategic foresight.
By: APN Economic Analyst Introduction In an era of economic uncertainty and rapid change, understanding the dynamics of monetary policy and the role of central banks has become paramount for property professionals in Australia. The Reserve Bank of Australia (RBA), as the nation’s central bank, plays a crucial role in shaping economic conditions that directly...
Australian property professionals take note: Prefabricated housing offers a potential solution to the nation's housing shortage. While traditional builds face escalating delays and costs, factory-built homes offer significantly faster completion times (10-12 weeks vs. 12+ months) in controlled environments. Financing has been a major hurdle, but Commonwealth Bank's recent partnership with prefabAUS is changing the landscape. New standard-form contracts allow for earlier progress payments, reducing upfront costs for buyers. Overcoming perceived quality concerns and outdated lending practices are crucial for wider adoption. With government backing and industry advancements, prefab construction presents a viable opportunity for property professionals seeking efficient and timely project delivery.
Easter Escapes: Untapped Airbnb Potential for Regional Investors?
Recent reports highlighting a surge in demand for remote Airbnb stays across Australia, fueled by Easter tourism and featured in the Herald Sun, signal potential opportunities for Australian property professionals. The trend points beyond holiday periods, reflecting a desire for "digital detox," escape from urban density, and the rise of "work from anywhere" policies.
Popular properties mentioned in the article, located in locations like Elevated Plains (VIC) and Hawker (SA), underscore the demand for unique experiences, eco-friendliness, and access to nature.
For property professionals, this presents investment potential in regional areas with unique attractions. However, managing remote properties presents challenges, including cleaning, maintenance, and patchy GPS services as noted by one regional host. Furthermore, the impact on local communities requires sustainable tourism practices and collaboration with local councils.
Real estate agents focusing on remote property markets may find increased demand, while property managers can differentiate themselves by offering bespoke services such as guided tours. Thorough due diligence is crucial, considering accessibility, infrastructure, regulations, and environmental considerations. Savvy professionals who understand the unique factors of regional markets can capitalize on this growing trend.
Liberal Budget: Property Market Implications The recent Liberal Party budget in reply has outlined various economic proposals, some of which hold significant implications for the Australian property market. The speech highlighted concerns about the cost-of-living crisis and the government’s economic performance over the past three years. Specific issues raised include escalating costs for energy, groceries,...
Australian Federal Election Called for May 3rd: Implications for Property Professionals
A federal election has been called for May 3rd, with the incumbent Labor government seeking re-election amidst a tight race against the Liberal-National coalition. Key election issues impacting the property sector include cost-of-living pressures, despite recent tax cuts and an interest rate reduction, and rising US tariffs. The outcome of the election could significantly influence future economic policy, impacting market stability, investment and development. Property professionals should closely monitor the campaign and its potential impact on interest rates, inflation, and international trade, particularly concerning building materials affected by US tariffs. The election's outcome could significantly influence the Australian property market's trajectory in the coming years.
One of the NRL's toughest players, Roosters star Victor Radley, is making savvy moves off the field, hinting at a future beyond football. The 27-year-old recently purchased a two-bedroom Art Deco apartment in North Bondi for $1.26 million, undercutting the suburb's median price for similar properties. Located at 3/38 Ramsgate Ave, the 64 sqm "chic garden retreat" boasts a modern gas kitchen, European appliances, and is just steps from the iconic beach, with neighbors including Hugh Jackman.
Radley wasted no time listing the property for rent at $1100 per week, a significant increase from the previous rental rate. This latest acquisition follows Radley's previous successful property ventures in Bondi, showcasing his eye for investment. He bought his first home in 2018 for $1.2m and sold it in 2021 for $1.97m. He then purchased and renovated a Waverley house. As Radley juggles his NRL career with burgeoning property interests, his Bondi investment signals a strategic play for long-term financial security, relevant for property professionals assessing athlete investments and North Bondi's rental market.
Dutton frames the upcoming federal election as a critical decision for Australia's economic management. He emphasizes the Coalition's focus on what they perceive as Labor's vulnerabilities: the unsuccessful Voice to Parliament referendum, the cost of living crisis, and rising energy prices. Dutton's campaign will center on providing relief for Australian families and implementing an "achievable plan" to improve the country's trajectory. This focus on economic management and cost of living has significant implications for Australian property professionals. The election outcome could influence interest rates, inflation, and government housing policies, all of which directly impact the property market. Dutton's proposed solutions, including a gas reservation policy to lower energy costs, could affect affordability for both renters and homeowners. The Coalition's pledge to cut public service jobs, although excluding frontline services, could still indirectly affect the property sector in Canberra and potentially other regions, impacting demand and property values. Property professionals should closely monitor the campaign to understand how each party's policies might shape the future of the Australian housing market.
Low-Power Appliances: Key to Net-Zero Homes in Australia Introduction Australia’s commitment to net-zero emissions by 2050 necessitates a fundamental shift in its housing sector. Achieving net-zero homes requires a multi-faceted approach, and the seemingly mundane realm of low-power appliances plays a crucial role. By reducing energy consumption at the source, these devices can significantly contribute...
Australian property professionals navigating densification demands in established suburbs should take note of battle-axe subdivisions. This informative guide delves into the mechanics of this increasingly popular strategy, also known as rear strata or panhandle subdivisions, highlighting its potential to unlock value for homeowners and create diverse opportunities for industry experts. The article clarifies the crucial distinction between Freehold (Green Title) and Strata titles within this context, outlining the ownership implications, market perceptions, and regulatory nuances relevant to each.
For developers and investors, battle-axe subdivisions offer enhanced land value, rental potential, and the ability to cater to multi-generational living trends. Real estate agents can market more affordable entry points into desirable suburbs via rear lots, while valuers need to understand the specific valuation considerations. Property managers will find insights into managing strata titled battle-axe properties and addressing unique access and amenity aspects.
However, the guide also underscores key challenges: navigating council zoning and R-Codes, managing infrastructure costs, ensuring compliant access, and mitigating potential disputes in strata schemes. By equipping themselves with this knowledge, Australian property professionals can effectively leverage battle-axe subdivisions, contributing to innovative urban infill solutions and a more diverse housing market. For a comprehensive understanding, read the full guide.
Brisbane 2032 Plan: Investment Implications for Property The Queensland Government has released the “Delivering 2032 and Beyond Plan,” outlining its vision for the Brisbane 2032 Olympic and Paralympic Games infrastructure and venues. Building on the Games Independent Infrastructure and Coordination Authority’s (GIICA) review, the plan details key infrastructure projects and their projected impacts. Key Infrastructure...
You are a senior property market analyst for the Australian Property Network. Your task is to rewrite the following news article (in Australian English) for an audience of Australian property professionals. The rewritten article should: * Be a thorough revision of the original, maintaining all key factual information. * Incorporate additional context and background information...
Australian property professionals need to be aware of global macro trends impacting the local market. Looming US tariff implementations create global trade uncertainty that could dampen Australian exports and business sentiment, affecting commercial property and residential buyer confidence. The Aussie dollar's valuation, currently around 63 cents against the USD, is influenced by RBA policy and commodity prices. A stronger AUD reduces foreign investment appeal, while a weaker one boosts it but increases building material costs.
Rising US Treasury yields are pushing global interest rates upwards, impacting Australian borrowing costs and potentially cooling the residential market. Gold's sustained high price suggests economic uncertainty, potentially diverting capital from property. Rising oil prices contribute to inflation, possibly triggering further RBA interest rate hikes. Recent underperformance of the ASX200, coupled with global insecurity, might make some investors hesitate regarding investments in real estate.
Given these volatile global conditions, property professionals, particularly agents, mortgage brokers, and investors, should closely monitor economic developments and adjust strategies accordingly. Commercial leasing agents should assess tenant vulnerability to international trade fluctuations. Mortgage brokers need to prepare for increased loan scrutiny, and everyone working with property should recognise sales cycles may be lengthening. Staying informed and proactive is crucial for navigating the changing landscape (Source: MacroBusiness).
Australian property professionals should closely monitor global market movements, as explored in this report, despite potentially buffered local conditions. Overnight trading showed mixed results amid trade war concerns, with the ASX200 closing down 0.3% remaining below 8,000 points, potentially dampening investor confidence. A continued decline could impact property demand.
Currency fluctuations also necessitate attention. The Australian dollar, struggling to break above 63 US cents, remains above its 200-day moving average, which could represent short term support. A weaker AUD might attract overseas investment, yet it could also cause volatility for investors.
Commodity prices, particularly rising oil (Brent crude exceeding $73 USD/barrel) and record-high gold (above $3050 USD/ounce), portend potential inflationary pressures. This could increase borrowing rates and construction costs, directly impacting developers. Meanwhile, strong gold prices may signal wider market anxieties. Real estate agents must navigate fluctuating market confidence, developers should prepare for increased supply costs, and investors might consider diversification strategies to mitigate risk.
The idea of “home” in Australia transcends mere physical structures; it embodies belonging, community, and identity. As the property market evolves in 2025, emotional connections to homes become vital for understanding how properties are marketed and sold. These connections are shaped by personal narratives—memories, rituals, and experiences—that integrate individuals into their communities. Buyers now prioritize neighborhoods that reflect their values and aspirations, emphasizing lifestyle over geography.
A pivotal shift towards interest targeting in real estate has emerged, allowing agents to engage potential buyers on a personal level. Instead of traditional transactional approaches, fostering genuine relationships enhances the buying experience. Effective communication about clients' emotions—ranging from excitement to anxiety—can strengthen rapport between agents and buyers, providing the support needed during the often-stressful process of home buying.
Moreover, community connections significantly influence property searches. Buyers increasingly consider local amenities, schools, and recreational areas that support a fulfilling lifestyle. This emphasis on community fosters inclusiveness and engagement, as seen in neighborhoods that host social events, further enriching the home experience.
In conclusion, Australian property professionals must embrace the emotional narratives intertwined with home buying, transforming transactions into meaningful journeys that resonate with buyers’ aspirations for belonging and identity. Understanding these dynamics will be pivotal in navigating the complexities of the evolving real estate landscape.
Building Regulations Update: Tranche 2 Impacts on Development The Queensland government has released Tranche 2 of its building legislative reforms, aiming to streamline processes, reduce administrative burdens, and modernise the state’s construction industry. These changes are aimed at facilitating the building industry while addressing issues of compliance and financial obligations. Key Changes in Tranche 2...
South Australia's resources sector is booming, offering significant opportunities for property professionals. A new report by SACOME reveals a 61% surge in economic contribution over five years, injecting $9.5 billion into the state economy in 2023-24. This equates to 6.4% of SA's Gross State Product, with the sector creating one in every 15 dollars. Direct employment has skyrocketed by 86% to almost 12,000 full-time roles, supporting one in 23 jobs statewide. Average salaries in the sector reach $140,780, significantly higher than the state average, driving increased demand for housing and related services. With $4.8 billion spent on local goods and services, the flow-on effects for businesses and property markets are substantial, making SA's resources sector a key area to watch for property professionals.
Federal Election 2025: Implications for the Australian Property Sector The May 3rd federal election has officially commenced, with Prime Minister Anthony Albanese and Opposition Leader Peter Dutton vying for Australia’s leadership. The campaign, focused heavily on cost-of-living and energy policies, is expected to have considerable implications for the property market. This analysis examines the key...
Generate a concise and informative excerpt (around 150 words) for the following article, highlighting the key points and making it relevant to Australian property professionals:
SYDNEY - Australia’s Prime Minister Anthony Albanese on March 28 called a national election for May 3, launching a five-week campaign that is set to be dominated by cost-of-living pressures.
Mr Albanese’s Labor party won a majority at the last federal election in 2022, but most recent opinion polls show the party neck-and-neck with the opposition Liberal-National coalition when votes from smaller parties are redistributed.
“Our government has chosen to face global challenges the Australian way - helping people under cost-of-living pressure, while building for the future,” he told a press conference. “Because of the strength and resilience that our people have shown, Australia is turning the corner. Now on 3 May, you choose the way forward.”
Mr Albanese earlier in the morning met the country’s Governor-General Sam Mostyn to seek permission to call a nationwide federal election.
Under Australia’s constitution the prime minister must formally seek permission to call an election from the governor-general, who represents the head of state, Britain’s King Charles.
Three-year term limits mean Australia must go to the polls by May 17 at the latest to elect a new parliament.
Mr Albanese has announced a slew of measures aimed at pleasing families and businesses in recent months, including tax cuts in March 25’s budget, with the rising cost of living in the country set to dominate the campaign.
A close-run election could mean no single party or coalition of parties will be able to form a government on its own, instead relying on smaller parties to command a majority in the country's lower house.
Mr Albanese, a long-time Labor lawmaker who grew up in government housing, came to power on a wave of personal popularity, but has suffered from the rising cost of living and a steep rise in interest rates during his tenure.
Falling inflation and the decision by Australia’s central bank to cut interest rates for the first time in five years at its February meeting have done little to help Albanese’s polling numbers.
After enjoying a healthy lead for much of his term, his personal approval ratings are now close to those of Liberal leader Peter Dutton, a former police officer and the interior minister in the last Liberal-National government.
Mr Dutton has campaigned on law-and-order and a plan to adopt nuclear power in the country, in opposition to Labor's transition to renewable energy.
Both leaders have promised an extra A$8.5 billion (S$7.17 billion) over four years to shore up the country’s public healthcare system. REUTERS
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Generate a concise and informative excerpt (around 250 words) for the following article (
Canadian Prime Minister Mark Carney says he will respond with unspecified trade actions if US President Donald Trump goes ahead with more tariffs that have expanded a global trade war.
Carney said he had not yet determined what actions Canada might take if Trump follows through with his plan to impose new 25 per cent levies on cars and light trucks imported to the US.
He said he would respond next week, when the auto tariffs and a separate set of reciprocal tariffs on US trading partners are due to take effect.
“We will fight the US tariffs with retaliatory trade actions of our own that will have maximum impact in the United States and minimum impacts here in Canada,” Carney said on Thursday (local time).
The tariffs could add thousands of dollars to the cost of an average vehicle in the US, contradicting Trump’s campaign promise to lower consumer prices.
After Trump revealed his plan for tariffs on imported vehicles, Ferrari announced price hikes of up to 10 per cent for cars sold in the US. Other car makers have warned they might follow, while dealers have raised fears of job losses.
The S&P 500 ended lower on Thursday, with auto stocks falling. General Motors tumbled over 7 per cent and Ford slid 3.9 per cent. Car parts manufacturers Aptiv and BorgWarner each lost about 5 per cent.
Tesla edged up 0.4 per cent, with investors betting the electric vehicle maker will be hurt less by tariffs because of its largely domestic production.
The tariffs are a sucker punch for some of the US’s most important allies and will come atop other trade penalties Trump has already imposed. Mexico, Japan, South Korea, Canada and Germany are the biggest suppliers of automotive imports to the US that were worth $US474 billion ($A752 billion) in 2024.
Carney said Canada would transform its economy to become less dependent on its southern neighbour, which has long been a close ally and important trading partner.
“We will need to reduce our reliance on the United States,” he said.
That may prove difficult. Vehicles are the second-largest Canadian export by value at $US51 billion in 2023 – of which 93 per cent went to the US.
With billions of euros wiped from German auto shares on Thursday, officials in Europe’s biggest economy have also called for a tough response.
“The US has chosen a path at whose end lie only losers, since tariffs and isolation hurt prosperity for everyone,” outgoing German Chancellor Olaf Scholz said.
In neighbouring France, Finance Minister Eric Lombard called Trump’s plan “very bad news,” and said the only solution was for the EU to raise its tariffs.
Britain, which has struggled to expand its economy, was scrambling to secure an exemption. But it has also threatened to review subsidies for Tesla, which is headed by top Trump adviser Elon Musk.
The company, whose sales have plunged this year amid increased competition and a political backlash, is less exposed to Trump’s tariffs than its rivals, but Musk said on X that the impact was “still significant”.
Sources said the Trump administration had also paused contributions to the World Trade Organisation, further hobbling the global trade watchdog, as it yanks support for international institutions it sees at odds with its “America First” agenda.
China’s foreign ministry said the US approach undermined the multilateral trade system and was “not conducive to solving its own problems”.
With shares falling, Japanese Prime Minister Shigeru Ishiba said Tokyo will put “all options on the table” and South Korea said it would put in place an emergency response by April.
Trump considers tariffs a tool to raise revenue to offset his promised tax cuts and to revive a long-declining US industrial base.
Many trade experts, however, expect prices to initially rise and demand to fall, hurting a global auto industry that is already reeling from uncertainty caused by Trump’s rapid-fire tariff threats and occasional reversals.
Trump said he might hit the EU and Canada with larger tariffs if they teamed up to retaliate.
-AAP
). Highlight the key points and make it relevant to Australian property professionals. IMPORTANT: Your response must begin *directly* with the first word of the excerpt. Do *not* include any introductory phrases, greetings, or repeat any part of these instructions (e.g., "Generate a concise..."). Output ONLY the excerpt text.
Govt Pumps $54m into Prefab and Modular Construction to Shake Up Building Industry The Australian Federal Government has announced a $54 million funding package aimed at accelerating the adoption of prefabricated and modular construction methods, signifying a strategic move to position the sector as a key driver in addressing the nation’s housing shortage. The announcement,...
With a federal election looming on May 3rd, the Australian property industry is bracing for potential policy shifts impacting energy costs, development approvals, and sustainability initiatives. Opposition Leader Peter Dutton’s call for a domestic gas reserve aims to alleviate construction cost pressures related to energy, a move applauded by some seeking immediate relief. However, its long-term efficacy and environmental impact are debated.
The election outcome will greatly influence sustainable building practices. Government incentives for green building materials and energy-efficient designs are crucial in driving industry adoption. A change in government could lead to policy reversals, creating uncertainty for developers with established sustainability strategies. A re-elected Labor government is expected to maintain or enhance existing green initiatives.
The election also coincides with existing market challenges like rising interest rates, material costs, and skills shortages. Policies concerning housing affordability, infrastructure spending, and immigration will significantly impact the sector. Stimulating first-home buyer activity could boost housing demand, while immigration controls might exacerbate labour shortages. Property professionals will closely scrutinize both major parties’ platforms for policy signals, balancing short-term cost considerations with long-term sustainability goals as advocated by groups like the Clean Energy Council who prioritise renewable energy investment. The choice between incremental changes and more ambitious climate action will shape the industry's future.
Tiffany & Co.'s new boutique at Singapore's Changi Airport showcases a striking, coral-inspired facade created using 3D printing and recycled ocean plastics. Designed by MVRDV and engineered by BUROMILAN, the facade utilises Ocean rPPGF, a material derived from recycled fishing nets, highlighting the potential of circular economy principles within the luxury sector.
For Australian property professionals, this project demonstrates a compelling blend of aesthetics and sustainability. With Australia's increasing focus on Green Star ratings (over 600 to date) and reducing carbon footprints, the Tiffany & Co. example offers a tangible vision for environmental options. 3D printing allows for complex, custom designs with reduced waste, utilising innovative materials otherwise destined for landfill.
While challenges remain for widespread adoption in Australia – including regulatory approvals, skills shortages and high initial investment costs – the benefits of on-site production, design freedom, and reduced material waste are significant. Could this inspire Australian developers to embrace similar innovations, driving demand for sustainable materials and transforming construction processes? The project underscores the growing importance of ethical and sustainable practices within the retail, commercial, and residential sectors, a trend that Australian property stakeholders cannot afford to ignore.
Create content in Australian English. Ensure strict adherence to the '-ise' suffix for verbs. For instance, use 'analyse' not 'analyze,' 'categorise' not 'categorize,' and 'summarise' not 'summarize.' Do not deviate from the '-ise' spelling. The Macquarie Dictionary is the sole reference for correct Australian English. Maintain a professional, informative tone. Include examples within the text to demonstrate correct '-ise' usage, such as, 'We must organise the data carefully. Generate a concise and informative excerpt (around 200 words) for the following article, highlighting the key points and pointing out relevant themes to Australian property professionals:
Create content in Australian English. Ensure strict adherence to the '-ise' suffix for verbs. For instance, use 'analyse' not 'analyse,' 'categorise' not 'categorise,' and 'summarise' not 'summarise.' Do not deviate from the '-ise' spelling. The Macquarie Dictionary is the sole reference for correct Australian English. Maintain a professional, informative tone. Include examples within the text to demonstrate correct '-ise' usage, such as, 'We must organise the data carefully.'
You are a property law expert working with the Australian Property Network (APN) Consumer Affairs Team. Your task is to rewrite the following news article (in Australian English) for an audience of property professionals and enthusiasts. The rewritten article should:
* Be a thorough revision of the original, maintaining all key factual information.
* Focus on the implications of the news for tenant rights and responsibilities in Australia. This may involve explaining relevant legislation, highlighting potential legal issues, or discussing best practices for property professionals in handling tenant-related matters.
* Incorporate additional context and background information seamlessly into the narrative to help readers understand the broader implications of the news for the Australian property market and their professional practise.
* Present a balanced perspective, including different viewpoints or interpretations of the news, if applicable. If the original article is one-sided, actively seek out and include alternative perspectives.
* Be completely objective and free of bias or promotional language. Replace any biased statements with neutral, factual reporting and diverse viewpoints.
* Be written in a professional and informative tone, with a focus on clarity and accuracy.
* Include persuasive elements that encourage readers to stay informed about tenant rights and related legal developments, emphasising the importance of compliance and best practices.
* Include the source at the end.
* Remove excessive HTML; keep paragraphs, bold, and italics.
* Prioritize clarity, accuracy, balanced reporting, and completeness over brevity. There is no strict length limit.
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Original title: I travelled to the other side of the world for a bizarre reason that left my friends and family wondering... 'why?' And boy was it worth it
Source: https://www.dailymail.co.uk/femail/travel/article-14488415/bizarre-travel-reason-Memphis-Peabody-hotel.html
Article Content: While most people travel thousands of miles to Memphis, Tennessee, to visit Graceland or learn about the history of the blues, I went for a slightly more unique reason.At the top of my bucket list was staying at The Peabody Hotel to witness the iconic Peabody Duck march and be the Duckmaster for the day - something you may have seen on social media. Twice a day five trained ducks march from their duck palace on the rooftop, into the elevator, down the red carpet with spectators on the sidelines and up the tiny stairs into the fountain in the centre of the hotel. It may sound quite bizarre to those who aren't familiar with the tradition, but thousands travel from all over the world to see the duck march which takes place 11am daily. When I told my family and friends I was going to travel America's south solo to see a flock of ducks, I received a mixed bag of comments - as expected. When I explained I needed to go see the ducks and be the 'Duckmaster', they stared at me blankly - often hitting me with an endless list of questions. But after living out my dreams and leading those ducks down the iconic red carpet I would absolutely do it again in a heartbeat. Plus, when else do you have the opportunity to be famous for a day? Twice a day The Peabody Hotel ducks march from their duck palace on the rooftop to the fountain in the centre of the lobby On February 26, I was lucky enough to be chosen as the honorary Duckmaster for the day accompanied Kenon Walker (right) to guide the ducks down the red carpet. It'll certainly be a story I tell for years to comeHow did the tradition begin?In 1933, Frank Schutt, General Manager of The Peabody, and his friend Chip Barwick returned to the hotel from a weekend hunting trip. With them were live duck decoys, which was legal at the time. As the story goes, the men drank a little too much whisky and thought it would be a funny idea to let the ducks loose in the fountain that remains in the hotel today. The reaction from others was enthusiastic and positive, and so the tradition began. It wasn't until 1940 when Edward Pembroke, the hotel bellman and a former circus animal trainer, offered to train the ducks to march to and from the fountain. He became the first Peabody Duckmaster and served for a staggering 51 years until he retired in 1991. Now more than 75 years on, five ducks march up to the fountain at 11am then back to their duck palace at 5pm.The ducks are trained on a farm, are hosted at The Peabody for three months before being released and a new flock of ducks are welcomed to be treated like royalty. For the last six years Kenon Walker has been the honorary Duckmaster and is proud to be part of the hotel's history, but it's not a path he planned.'I've been an actor since I was 13, I also was a tour guide at the National Civil Rights Museum for seven years, I created the tour for the Stax Museum, and I'm a father too - all these things prepared me for when I arrived at The Peabody,' Kenon tells me. In October 2018 Kenon started working at The Peabody Hotel as the concierge and got to know the assistant Duckmaster, Doug. Three months later the official Duckmaster Anthony left his position after becoming a father and Doug took his place. Kenon was offered the role as the assistant Duckmaster and less than a year later became the official Duckmaster when Doug retired. For the last 75 years, five ducks have marched up to the fountain at 11am then back to their duck palace at 5pm I flew from Sydney to Memphis to be the Duckmaster for the day - and I'd do it again Being the Honorary Duckmaster for the day On February 26, I was lucky enough to be chosen as the honorary Duckmaster for the day accompanied Kenon to guide the ducks down the red carpet. Prior to the march, I had a front row seat watching Kenon welcome the guests in the lobby of the glorious hotel, as he explained the history of the tradition. Then he welcomed me to the 'stage', asked where I was from, and officially gave me the title as Duckmaster. I accompanied Kenon to the rooftop to lead the ducks downstairs and while I was nervous, everything went perfectly. 'Are you sure you haven't done this before?' Kenon asked me. I then led the ducks to the fountain and heard the roar of the applause from the audience while dozens took photos and videos. It was, without a doubt, the highlight of the trip. Along with the Duckmaster title, I also recevied an official brass-head Duckmaster Cane, Peabody t-shirt and Peabody Celebriduck rubber duck toy - as well as bragging rights.After the march, and for the remainder of the day, others came up to me asking how I was given the title and wanted to know more about me. Even at Memphis airport on my way back home I was recognised! It'll certainly be a story I tell for years to come. THE ULTIMATE MEMPHIS ITINERARYDAY 1 Sun Studio tour - allow for at least 1 hour My first tourist attraction was the studio where Elvis Presley was discovered. Sam Phillips launched the record studio in 1952, which was originally named Sun Records. Big names including Howlin' Wolf, B.B. King, Ike Turner, Jerry Lee Lewis and Johnny Cash passed through the doors. At the iconic Sun Studio where Elvis Presley was discovered I was able to touch and feel one of his microphones Sam Phillips launched the record studio in 1952, which was originally named Sun Records. Big names including Howlin' Wolf, B.B. King, Ike Turner, Jerry Lee Lewis and Johnny Cash passed through the doorsEdge Motor Museum - 20 minutes to 1 hour If you're a die-hard car fan, be sure to stop by the Edge Motor Museum, which is only a five-minute walk up the road from Sun Studio.The museum has a regular rotation of old-school cars worth up to $250,000 USD ($394,845 AUD), including a car owned by American actress and singer Doris Day. If you're a die-hard car fan, be sure to stop by the Edge Motor Museum, which is only a five-minute walk up the road from Sun StudioDinner at Second LineIf you're after a true southern-style meal, look no further than Second Line. Indulge in tasty New Orleans food by Chef Kelly English. DAY 2Visit the home of Elvis Presley, Graceland - minimum 2.5 hours Graceland, the mansion of the Elvis Presley, it a hot tourist attraction for obvious reasons. When I arrived, I was shocked at the grand size of the Elvis Presley's Memphis Entertainment Complex and well preserved every item is. You could easily spend an entire day at Graceland, but the minimum time is 2.5 hours. I visited Graceland, the home of Elvis Presley, on my second day in Memphis You could easily spend an entire day at Graceland, but the minimum time is 2.5 hours. It's chilling walking through the mansion once owned by the King of Rock n RollLunch at Beauty Shop Restaurant in MidtownFor lunch I caught a quick Uber to The Beauty Shop restaurant. At this point in the trip I was dying for some fresh food or anything that wasn't deep fried - and this was the ideal spot. The hip and trendy spot takes the idea of a 50s-style beauty shop and has transformed it into a restaurant. Interestingly it was actually Priscilla Presley's go-to curl-and-dye spot. I ordered a fresh salad with grilled prawns, which was delicious and light yet filling. Stax Museum of American Soul Music tour - minimum 1 hour My next stop was the popular Stax Museum of American Soul Music. The self-guided tour lasts about an hour and much like the Sun Studio tour, the Stax studio is 'where it all happened in the 60s and 70s'. The small movie-theatre-turned-recording-studio in South Memphis produced a string of hits that stirs souls of today. The tour starts with a short introductory video followed by a collection of more than 2,000 interactive exhibits, films, artifacts, items of memorabilia, galleries, and Isaac Hayes' gold-plated, peacock blue 1972 Superfly Cadillac El Dorado.Rendezvous Charles Vergos Hidden down a small alleyway that's only a two-minute walk from The Peabody hotel is The Rendezvous, which has been serving ribs in a downtown Memphis since 1948.It has been owned and operated by the Vergos family for three generations. As recommended by a local Memphian, I ordered the classic ribs with BBQ sauce on the side. After a busy day I was starving, so I quickly devoured the whole thing. The staff were friendly, accommodating and the restaurant is full of character with so much to look at in every corner - they even have a juke box. Explore Beale StreetBeale Street is the ultimate place to feel the history of the blues and listen to live music pouring out from the numerous venues. Top spots include B.B. King's Blues Club, Rum Boogie Cafe, Blues Hall Juke Joint, and Silky O'Sullivans. Beale Street is the ultimate place to feel the history of the blues and listen to live music pouring out from the numerous venuesDAY 3 National Civil Rights Museum - minimum 1.5 hours The powerful National Civil Rights Museum is one that shouldn't be missed or overlooked. It's a powerful self-guided tour which starts with the shocking history of slavery in America to the present day.It's also located at the historic Lorraine Motel where civil rights leader Dr. Martin Luther King Jr. was assassinated.The interactive displays gives visitors an idea of the complexity of the history, the protestors who stood up for their rights and the chilling stories of what occurred through the decades fighting for civil rights. The Civil Rights Movement & Memphis Music Captured Through The Lens Of Ernest Withers - Withers Collection Museum & GalleryContinuing on the theme of civil rights, the The Withers Collection Museum & Gallery features the remarkable work of Ernest Withers - a photojournalist born in Memphis. Mr Withers captured an estimated 1.8million images over 60 years. He captured the lively nature of Beale Street along with many musicians including Elvis Presley and Tina Turner. He also took personal images of Martin Luther King Jr. Dinner at The Lobbyist My final dinner in Memphis was at the Lobbyist - only a five-minute walk from Beale Street. The restaurant is one of the top 30 best in Memphis, and it's easy to see why. The stunning interior matches the intimate atmosphere. I ordered the sweet carrots, grilled cauliflower, rigatoni, and mussels which were equally delicious.
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New Title: Generate a concise, informative, and engaging article title (in Australian English) that accurately reflects the content of the rewritten article, based on the original title "I travelled to the other side of the world for a bizarre reason that left my friends and family wondering... 'why?' And boy was it worth it". The title should be suitable for an audience of Australian property consumers and align with the APN Editorial Style guidelines. Consider these factors when generating the title: * Accuracy: Ensure the title accurately reflects the key information and focus of the rewritten article. * Clarity: Clearly communicate the main topic and potential insights for property consumers. * Specificity: Hint at the specific focus or angle of the article (e.g., a particular consumer right, scam, dispute resolution method, or legislation). * APN Brand: Align with the APN brand voice, which is authoritative, informative, analytical, engaging, solutions-oriented, and has an Australian focus for a target audience of property professionals, investors, policymakers, and everyday Australians. * Impact (if applicable): If the news has a direct or significant impact on Australian property consumers due to changes in consumer protection, highlight this impact using strong verbs or impactful phrasing. Additional Instructions: * Do not include any meta-commentary about the title itself or the AI's process. * Do not include any placeholder citations or instructions for adding sources. * Do not enclose the title in double quotation marks. * Do not include any extra information or clarifications in brackets.
Formatting Instructions:
* Structure the article using H2, H3, and H4 headings to organise the content and improve readability.
* Use bullet points and lists to present information clearly and concisely.
* Retain any existing bold and italic formatting from the original article.
* Ensure proper paragraph breaks and spacing for a clean and professional layout.
* Output the article in HTML format.
Citation Instructions:
* If the article mentions a source or provides data, attempt to locate and cite the original source in Chicago format.
* If no specific source is mentioned but the information is likely based on external research or data, add a generic citation at the end of the article, such as "Source: Industry research and analysis."
* Do not include any comments or requests for sources within the article.
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Your Rewritten Article: (in Australian English)
This article is based on a report from www.dailymail.co.uk titled "I travelled to the other side of the world for a bizarre reason that left my friends and family wondering... 'why?' And boy was it worth it". You can find the original article here: https://www.dailymail.co.uk/femail/travel/article-14488415/bizarre-travel-reason-Memphis-Peabody-hotel.html
Your friendly neighbourhood property expert takes you on a journey through Albury, the hidden gem of the Riverina region in southern New South Wales. Bursting with culture, nature, and a strong sense of community, Albury is an area worth investigating for those considering a change of scenery in 2025. Welcome to the Neighbourhood Nestled on...
We raise our fair value estimate for narrow-moat Domain DHG to $4.43 per share from $4.20 following the announcement of an improved nonbinding indicative proposal from wide-moat CoStar Group to acquire the business. A 100% probability of acquisition is assumed, based on board engagement with CoStar, shareholder willingness to sell, and the unlikelihood of competing bids. The stand-alone valuation for Domain remains at $2.65 per share.
Morningstar believes Domain is uniquely valuable to CoStar due to potential cost reductions and margin boosts achievable by migrating the business to CoStar's existing platform—a successful strategy replicated in previous acquisitions. Despite increased competition from CoStar's ownership of Domain, Morningstar maintains a fair value estimate for wide-moat REA Group at AUD 126 per share, believing REA can further raise prices.
Domain faces near-term challenges in the volatile Australian housing market, expecting a gradual decline in listings due to increasing transaction costs from stamp duty. Growth is projected through increased listing fees rather than market share gains, as Domain's share relative to REA Group remains stable. Both Domain and REA are expected to focus on increasing revenue per listing through price increases and enhanced service offerings, important considerations for Australian property professionals navigating this evolving landscape.
Budget Reality Check: Key Takeaways for Australian Property Professionals
Assistant Treasurer Andrew Leigh's recent budget address offers a crucial reality check for Australian property professionals. While highlighting Australia's economic resilience amidst global headwinds and managed inflation, the speech underscores persistent challenges impacting the property market. Crucially, despite avoiding recession, ongoing inflation within the RBA target band continues to fuel interest rate pressures, directly affecting borrowing costs for developers and homebuyers. While cost-of-living measures like tax cuts and energy relief aim to bolster household finances, their indirect impact on housing affordability remains limited and potentially inflationary.
More promising for the sector are productivity-boosting initiatives. Investments in skills training, expanded Fee-Free TAFE, and exploration of modular construction methods directly address critical skills shortages and supply constraints plaguing the industry. Reforms to non-compete clauses could also enhance labour mobility within construction. These measures signal a focus on long-term market health, but their effectiveness hinges on successful implementation and navigating regulatory hurdles.
For Canberra professionals, the speech emphasized continued infrastructure investment and defended the public service’s size, vital for the local property market. Overall, the Budget presents a mixed picture: short-term cost-of-living relief with limited property impact versus long-term productivity initiatives offering potential supply-side solutions. Property professionals must navigate persistent inflation, interest rate sensitivities, and closely monitor the rollout of these productivity measures to inform strategic decisions in the evolving market landscape.
Darwin’s Investment Boom: Suburbs Driving Capital Gains A recent Pulse report, produced by Hotspotting and analysed by depreciation experts Washington Brown, highlights several Darwin suburbs as top performers in the Australian property investment market. The report identifies a range of locations across Australia exhibiting attractive rental yields and potential capital growth. Top Performing Darwin Suburbs...
Generate a concise and informative excerpt (around 250 words) for the following article (
The federal election has finally been called.
It's been a minute since the last one in 2022 and a lot has changed in politics since then.
But here's the stuff you can count on.
Federal election 2025 live: Follow our coverage as the campaign unfolds
YES!
Voting is compulsory for Australian citizens 18 and over.
If you're enrolled and you don't vote, you could get a fine from the Australian Electoral Commission (AEC).
Saturday, May 3.
If you're 18 or older, you need to make sure you're enrolled to vote.
If you've moved house since 2022, you'll also need to update your address.
You can make sure you're on the electoral roll and your details are correct online.
To check your details or register to vote online, head to aec.gov.au/enrol.
You can also enrol to vote at your local AEC office or by faxing or mailing an enrolment form to the commission.
The AEC website also lists a bunch of other ways to enrol if you have special circumstances that make enrolling to vote difficult.
You have about a week to enrol to vote if you haven't already.
The document that determines that date and a number of other key dates still needs to be issued.
It's called a writ and the date it's issued has a domino effect on when the electoral roll closes, when candidate nominations shut, and more.
The writs will likely be issued very soon now the election has been called.
A week later, at 8pm, the electoral roll will close.
Now is the time to make sure you're on the electoral roll and your details are up to date. (Claudia Long (ABC News)/Canva)
Yes.
8.41 million people voted early at the last election — nearly half of the 17.6 million people who were on the electoral roll — but technically you can't just rock up early because it suits you.
You can vote early if:
Generally speaking, you'll be able to head to early voting booths in the two weeks before election day.
Also, most early voting booths are open every day except Sundays.
But this will depend on your local early voting station, so check with the AEC's website for more details.
Want even more? Here's where you can find all our 2025 federal election coverage
Yes.
If you won't be in your electorate — aka, the local area represented by your member of parliament — you do have other options for voting.
You can vote early at a pre-polling centre or by post.
If you have access needs because of a disability, you can also do a postal vote or vote by phone if you're blind or low vision.
If you won't be in your electorate on election day you will be able to vote by post.
You don't.
In Australia, you vote for a local member to represent you in the lower house of parliament (the house of representatives) and who you want to represent you in the upper house, known as the Senate.
While the prime minister and opposition leader are the leaders of their parties, unless you live in their electorates you don't get to vote them into parliament.
They're selected by their colleagues in what's called a party room, where they get together and vote for who they want to be their leader.
An electorate, also known as a seat, is made up of around 110,000 voters living in the same area, so you — and everyone you live near — get to select a local member to represent you.
There's going to be 150 of them in the lower house in the next parliament — one for each electorate in the country.
This is important because whoever wins a majority of the seats in the lower house gets to form government.
Or, if they don't get enough on their own, whoever strikes an agreement with independents and minor parties to make up the numbers can form a minority government.
Who you vote for will depend on which federal electorate you're in.
Your federal electorate has a different name to your state electorate.
This AEC website will tell you what electorate you're in.
Scroll down to the bottom of the page, enter your suburb, locality or postcode and hit the purple "find" button.
Throughout the campaign we'll be covering who the parties and independents are, what they stand for and other key policies as part of our series Politics Explained.
And if you know a first time voter, or just someone who needs a refresher on how to vote or how parliament works we'll be covering that too!
Have Your Say: What matters to you this federal election?
). Highlight the key points and make it relevant to Australian property professionals. IMPORTANT: Your response must begin *directly* with the first word of the excerpt. Do *not* include any introductory phrases, greetings, or repeat any part of these instructions (e.g., "Generate a concise..."). Output ONLY the excerpt text.