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  • Road upgrades, 7,800sqm: Aldi approved for Cannonvale

    Aldi is powering ahead with its back-to-back debut into the Mackay Whitsundays as it receives the green light to move forward with its Cannonvale store. Read when it could open. Heidi Petith and Fergus Gregg Design plans for Aldi’s new Cannonvale store between Shute Harbour Rd and Central Ave. Picture: Documents submitted … Read more

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  • $11.3 billion for “Homes for Australia” but more help still needed

    Nerida Conisbee Ray White Group Chief Economist Fundamentally, the role of the Federal Government is to provide housing for our most vulnerable and this is what the budget does. The main housing related announcement was a new $11.3 billion “Homes for Australia” plan. This includes $9.3 billion over five years … Read more

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  • Why Shute Harbour Road Flood Upgrades Delayed In Whitsundays

    Cars navigate Hamilton Plains on Shute Harbour Rd after it became officially closed to traffic because of flooding. A multimillion upgrade of an arterial road connecting Proserpine to Airlie Beach has been indefinitely delayed. It is understood the $25m of flood immunity works to a 1.5km section of Shute Harbour … Read more

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  • Will We Get A Rate Cut In 2024?

    Interest rates remained on hold last week. Inflation is now sitting at 3.6 per cent, higher than hoped, but still showing a decline from 4.1 per cent recorded in December. While it’s great news inflation is coming down, it’s still above the Reserve Bank of Australia’s target of between 2 and … Read more

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  • Byron Is Back As Beachside Suburbs Top The List For Regional Price Growth

    The pandemic led to the greatest movement of people to regional Australia ever recorded. Now that people are being called back into the office, and living close to cities is desirable again, that level of migration has declined significantly. Almost all states saw migration out of regional areas in 2023 … Read more

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  • Rental Growth Is Decelerating

    Nerida Conisbee Ray White Group Chief Economist It has been a tough four years for renters. Since the start of the pandemic, rents have risen on average $200 per week across Australia. Perth has topped the list, with an increase of $280 per week. Hobart has seen the lowest at … Read more

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  • 10 Ways To Accommodate 13 Million More People

    Nerida Conisbee Ray White Group Chief Economist The latest population projections from the Australian Bureau of Statistics (ABS) have just been released. While getting long term projections correct is notoriously difficult, the reality is that in the next 48 years we are very likely to have a much bigger Australia. … Read more

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  • Where Are All The Single Buyers?

    Nerida Conisbee Ray White Group Chief Economist The number of single people purchasing homes is falling but becoming more evenly matched by gender. Increasing cost of housing has meant that the proportion of single people purchasing homes is falling. In 2014, an estimated 26.2 per cent of purchasers were single. … Read more

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  • Units Don’t Always See Less Price Growth Than Houses

    Nerida Conisbee Ray White Group Chief Economist Standard investment advice is to always buy a house instead of an apartment if you can afford to do so. The primary reason being that house price growth always exceeds unit price growth over the long term. While this is often the case, … Read more

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