Australia & New Zealand
Property agent fined $5k for tampering with sale deal
A real estate agent who tampered with a sale and purchase agreement to increase her stake in a commission split has been reprimanded by an industry authority.
Landowners Shout `Bingo' as West Australia's Mining Towns BoomJason Scott Bloomberg 02.09.2010 | Few signs of NZ property market pick up NZPA 01.09.2010 |
 Paul Eaton moved to Karratha 10 years ago with a fledgling building business. Now he and his 40 employees can’t build homes quickly enough in the remote Western Australian mining town where demand for land is so hot that the government organizes lotteries to select buyers. |  Few signs showed up in August that the usual spring pick-up in the property market was under way, a monthly survey of the industry says. |
New home sales in Australia fall for third straight monthAndrew Batt Property Report 31.08.2010 | Half the property, half the taxGEORGE COCHRANE The Sun-Herald 30.08.2010 |
 The number of new Australian homes sold fell for the third straight month in July, prompting calls for a new federal government to implement a three point plan to tackle the problem. |  Unless the investment was bought more than 25 years ago, the taxman will want his cut when it's sold, writes George Cochrane. |
Number of properties for rent is on the rise in SydneyAndrew Batt Property Report 27.08.2010 | Investors fear housing bubble will popERIC JOHNSTON The Sydney Morning Herald 10.03.2010 |
 The number of available rental properties in Sydney rose to a near 12-month high during July, figures from the Real Estate Institute of NSW (REINSW) show. |  WHEN the chief executive of the Commonwealth Bank, Ralph Norris, recently caught up with investors in New York, talks soon turned to the topic of the heady Australian housing market. |
Fraser Island assets up for saleStaff Writer Property Report 10.03.2010 | Rental Crisis Looming In Auckland, Property Manager Warns voxy.co.nz 07.03.2010 |
 Kingfisher Bay Resort Village Pty Ltd have appointed exclusive agents Jones Lang LaSalle Hotels to market for sale their multi-award winning freehold and leasehold resort interests and associated businesses on Fraser Island. |  A residential rental crisis is building in New Zealand's largest city as landlords continue to downsize their portfolios, according to long time property management agency Bobergs First National. |
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