News

Can you buy a sandwich? That reads like a rhetorical question, but it’s not. As with buying property, buying a BLT with bitcoin is, in theory, possible. But in practice, your options are extremely limited. And if you’re starving, forgedaboutit. Back in 2019, the first widely reported crypto-for-food sale took place. Incredibly, the pantry item...

The Reserve Bank of Australia (RBA) has increased the official cash rate by 25 basis points to 0.35% amid high inflation concerns and has signalled more cash rate increases will likely follow. This is the first RBA cash rate hike since November 2010, and the first time the cash rate has moved since it was...

The chances of the Reserve Bank of Australia (RBA) lifting the official cash rate on Tuesday just increased dramatically after figures showed the cost of living jumped 5.1% over the past year – the highest annual increase in more than 20 years. The unexpectedly high jump in inflation means a May rate hike is now...

It’s a question agents, buyers, and sellers alike are beginning to ponder as they emerge from what has inarguably been the absolute wildest of times. The most recent figures show that unlike Virgin Australia, the regional market still refuses to cool its jets—with demand growing to the extent that local tenants are being priced out...

Less than six months ago, a two-bedroom apartment in Coogee sold for a record-breaking $3.2M. But back in 1909, things were a bit different. Incredible vintage auctions posters provide a window into the world of Sydney real estate over 100 years ago, with swathes of seaside land going under the hammer for next to nothing....

As the dust begins to settle on a turbulent two years, we’ve finally got the data to confirm what we already suspected. The property market went absolutely bonkers during what shall now be known as TCE (The COVID Era). How bonkers? 142% bonkers, to be exact. According to REA Group’s research team PropTrack, since the...

You might have noticed that property prices have skyrocketed over the past 18 months, to the point where a lot of first home buyers are now having real difficulties cracking the market. So how is the government looking at addressing it? Well, a House of Representatives committee (made up of both Liberal and Labor MPs)...

Seemingly every suburb in Sydney has experienced the Justin Hemmes Effect (JHE) by now. Slowly but surely, since taking over the reins at Merivale over twenty years ago, Justin has been building one of Australia’s most successful hospitality empires—with close to 80 pubs, hotels, restaurants and other venues now part of its ever-growing portfolio. In...

A collective sigh of relief could be heard across Sydney last week as an unfamiliar object appeared in the sky. For babies born 16-days-ago, it was the first time they’d seen the mass of light and heat radiating in the sky. ‘We call it the sun’, parents whispered weepily. The stats are in, and they...

There’s a shortfall between the income said property generates and the costs it incurs. The investor’s accounts show being out of pocket as their income doesn’t cover costs, yet they don’t seem stressed about it. In fact, come tax time, they seem particularly relaxed. Why? Tax evasion. Just kidding. The answer is much more legal:...