Approx. reading time: 4 minutes

Investing as a young person

Insights, Uncategorized

  For many people, owning a home brings a sense of pride and freedom that cannot be matched by renting. When you own your own home, you aren’t bound by a landlord’s rules, and your monthly payments are building equity. Although buying a home may be the first step you take toward building long-term wealth,
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Approx. reading time: 3 minutes

Kick in the Guts

Insights

We are incredibly disappointed with the government’s announcements yesterday that do not allow for inspections or new listings until the third step, earliest date being 26 October 2020. After multiple and ongoing attempts from the Real Estate Institute of Victoria (REIV) to try work with the government in defining a reasonable path for the sector,
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Approx. reading time: 1 minute

The COVID-19 Hotel, Rydges on Swanston, Sold during Melbourne lockdown.

Insights

The hotel at the centre of the state government’s messy quarantine program has been purchased in a multimillion-dollar deal by a private developer. The buyer planning an “extensive refurbishment and repositioning” of the property as a high-end hotel and conference facility. The aim to reopen next year. After hitting the market in July with price
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Approx. reading time: 3 minutes

5 Things you need to know this morning in Australia

Insights

The RBA has been working on a digital version of the Australian dollar. In its submission to a senate commission, the RBA said its innovation lab is working on a digital currency denominated in dollars. It is unlikely it will be released to the public, instead it could be used to facilitate transactions between banks
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Approx. reading time: 3 minutes

The Competitive Sandbox

Insights

All-out competition is a basic creed of a Sales business. You often compete for the same customers, revenue, and profits. However, there is times when co-opetition, not competition, is a smart move. I work with my direct competitors often – many clients will confirm this. I work with them because in the end, and by
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Approx. reading time: 2 minutes

The novel coronavirus infecting Melbourne’s property market

Insights

The Australian property market is affected by the state of the Australian economy. So, if the economy is affected by the coronavirus, there will naturally be a flow-on effect for the property market. It is likely, in my opinion, there will be short-term pain for apartment developments with exposure to offshore investors, as well as
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