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Monthly Archive for November, 2010

Tips on scoring the best property bargains

The slowing real estate market in some of Australia’s most popular cities is a perfect time for buyers to keep their eye out for the best deals.The slowing real estate market in some of Australia’s most popular cities is a perfect time for buyers to keep their eye out for the best deals. Australian Property […]

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ALMOST 48 hours after polls closed in the Victorian election, Premier John Brumby has conceded defeat. "The reason I am here today is that I have just spoken to Ted Baillieu and have congratulated him on his election victory," Mr Brumby said. "I had a long conversation, a positive conversation, and I wished him every […]

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Big real estate trusts look to growth

MERGERS and acquisitions will dominate the real estate investment trust sector in the coming year, as the strong players get bigger at the expense of the smaller trusts, according to a report from the corporate advisory firm PKF.This comes as investors in the ING Real Estate stable of trusts keenly await the conclusion of proposed […]

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Well reader, I have to say it, today your editor read the most ridiculous article we’ve ever read on Australia’s now-popped house price bubble.And believe me, that takes some doing.  There’s been a heck of a lot of rubbish written over the years, but the article we read today trumps the lot.What makes it worse […]

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Libs preferred on stamp duty policy

THE real estate and building industries have thrown their weight behind the Coalition’s $750 million pledge to cut stamp duty in an election bidding war over the lucrative property tax.The opposition plan would cut stamp duty for first home buyers in half over four years, while Labor’s $115.4 million plan would abolish the tax for […]

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Facebook to trademark the word “face”

Facebook has moved one step closer in its efforts to trademark the word “face”, after receiving the green light from the US Patent and Trademark Office. The Office has issued a notice of allowance to the social networking juggernaut, allowing the company to own the word after paying a fee, the NY Post reported. The […]

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Victorian Consumer Affairs Minister Tony Robinson has proposed two changes to the state’s Estate Agents Act which have been met with much discussion.The first change is a ban on ‘price plus’ advertising by real estate agents and the other is a change to Section 55 of the Act, a section that’s designed to prevent a […]

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How to sniff out the best investments

Outside the traditional inner-city hot spots there are suburbs that offer high rental yields, strong capital growth and affordable prices. Investors are a wary bunch. Free from the pressure of putting a roof over their own heads, they can step into the market when it best suits them.If demand is running too hot and there […]

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Know thy neighbour

We haven’t moved in yet, and it’s already started. The relationship with the neighbours.The side fence is on a slight sway and might need some work – will that cause dramas? Pertinent question because if you ask community psychologist Heather Gridley,  fences are one of the biggest bones of contention between neighbours and can trigger […]

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Big four banks caught out over costs

The big four banks have fattened their margins while complaining about being squeezed, new figures reveal. As Parliament prepares to debate legislation forcing banks to lift rates by no more than the Reserve Bank, figures from the Australian Prudential Regulation Authority indicate the average rate paid by the big banks on money they borrowed rose […]

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