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FIRB sets sights on agents

The Foreign Investment Review Board (FIRB) has promised to concentrate on nabbing any estate agent, lawyer or accountant that flaunts the law surrounding investment onshore from foreign nationals following damning criticism made about its work, or lack of, so far.

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RBA confirms future rate

The official cash rate will remain at a record-low 2.5 per cent “for the next year at least”, according to the Reserve Bank of Australia.

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$1m thief gets time

A former real estate agent who pleaded guilty to stealing over $1 million from trust funds of property owners has been handed down her prison sentence.

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Real estate agent caught red-handed

An unlicensed real estate agent has been ordered to cough up over $134,000 in fines and compensation after charges were brought by the Office of Fair Trading (OFT).

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Institute slams premier over property

President of the Real Estate Institute of New South Wales Malcolm Gunning has slammed the lack of appropriate development across the state under the premiership of MP Mike Baird.

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Sales testimonials rate agents

A web portal designed to rank and rate the best real estate agents nationally promises to focus solely on vendor eyeballs and allow agents a chance to report their own results and confirm testimonials.

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Cold water on hot market: RBA

A board member of the Reserve Bank of Australia has poured cold water on the idea that escalating Australian house prices are leading the market towards a "crisis".

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Agents caught short in off-the-plan boom

An eclectic mix of new suburbs and a change in housing preferences is pushing demand for properties across Perth, but estate agents believe some may not be tooled up to sufficiently handle the change in buying patterns, preferences and property demands.

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