ARNECC publishes Interoperability timetable
Source: Office of the Registrar General The Australian Registrars’ National Electronic Conveyancing Council (ARNECC) has published Version 7 of the Model Operating Requirements (MORs) and the Model Participation Rules – ARNECC (MPRs). Version 7 (adopting the Model versions) will take effect on and from 28 March 2024: On and from that date, Subscribers must use the updated Client […]
Homebuyer scheme on shaky ground as calls for help echo
By Dominic Giannini, Kat Wong and Poppy Johnston, AAP Opponents of a homebuyer scheme that would split upfront costs with the government are being urged to back the plan to help more people buy their first house. A new plan to help aspiring homeowners crack into the housing market with as little as a two […]
Pulse to be taken on inflation, retail and home prices
By: Poppy Johnston A key monthly inflation indicator is expected to inch a little higher but such a result is unlikely to worry the Reserve Bank as it ponders interest rates. Australia’s inflationary pulse will be taken this week, with check-ups on spending activity, the property market and business investment also on the calendar. The […]
Climate risk and property: Where the legal obligations sit
By: Leigh Reinhold The Law Society of NSW has warned its members they could be legally liable for compensation claims from clients affected by property damage brought on by climate change-induced weather events. Potential negligence claims could arise for solicitors including in the areas of conveyancing and commercial transactions, highlighting climate risks associated with real […]
Sharehousing on rise as renting and living costs bite
Share house living is growing as the rental market remains tight and high living costs prod home owners to rent out spare rooms. Online share accommodation site Flatmates has recorded an 18.8 per cent increase in new listings since this time last year, but even with that boost, demand for rooms is still dramatically outpacing […]
‘Decision to be made’ about sale of NSW public land
Privatisation fears have been raised after the NSW Labor government declined to rule out putting public land into the hands of private developers. More than 300 properties have been earmarked for possible housing development under an ongoing audit of government land launched to relieve the housing crisis. But a decision as to whether the government […]
Rate hike case scuttled by improving inflation outlook
The Reserve Bank of Australia is growing more confident it can conquer inflation in the time-window it has given itself. Yet it’s still too early for it to consider interest rate cuts, with board members discussing another 25 basis point hike or leaving the key cash rate unchanged at 4.35 per cent at a meeting […]
Lease-to-own model targets young homebuyers
A new housing model will be launching in Australia that aims to help overcome affordability hurdles facing many new homebuyers. Lease-to-own platform Ownlea will let users rent from a selection of properties with the option of buying the dwelling within a five-year window – all the while capturing a portion of any capital gain from […]
4 benefits of outsourcing settlement admin
Outsourcing settlement services can help your business succeed.
Strategic Productivity Tips for Successful Business Management
In a new age of technology and work-from-home arrangements, productivity levels are more important than ever. Businesses that prioritise productivity not only achieve more in less time but also foster innovation and employee satisfaction, which will ultimately determine the success of a business. To assist in boosting productivity levels within your business, below are four […]
