War for Water: foreign investor firepower over Australian farmers in water deals https://www.michaelwest.com.au/war-for-water-why-the-foreign-investor-advantage-over-australian-farmers-in-water-deals/

- not for fb deletion - Greetings, team. 10 things you need to know this morning in Australia

1. The Guardian is reporting this morning that the government will raise the JobSeeker payment by $50 a fortnight. While it is an increase, it will still fall below the current rate, which is bolstered by the coronavirus supplement until the end of March. Meanwhile, activists including the Australian Unemployed Workers Union are pushing a campaign for JobSeeker to be $80 a day, pushing the payment above the poverty line. 2. The Bank of Queensland (BoQ) will buy ME Bank under a new proposal worth $1.325 billion. “This is a major step in providing a compelling alternative to the big four banks,” CEO George Frazis said in a market update. While the ACCC has already green-lit the deal, it will now need to be signed off by regulators. 3. TikTok Australia has announced a new partnership with e-commerce platform Shopify, tightening the links between social media and online retailers. Local businesses will be free to create TikTok marketing campaigns, target specific user groups and monitor ad performance through Shopify. The news comes as competitors, including Instagram, seek new ways to get users to spend while they scroll. 4. Facebook has tried to restart talks with major news outlets Nine Entertainment Co and News Corp Australia about paying for news content, the SMH reports. However, the company wants to maintain the right to abandon these deals if Australia passes the media bargaining code, which is obviously a sticking point in negotiations. 5. Since Facebook brought down the hammer on news in Australia, the top-performing Australian pages look markedly difference. According to data from social media analysis tool CrowdTangle, Australian News Feeds are now populated with more satire and specific interest pages in their feeds in the place of news. 6. A 50%-odd rally in sharemarkets in 2020 has sent retail investors running headlong into the market and is fuelling growth of investment services. Commission-free US broker Stake tripled the number of traders on its platform in just eight months, hitting 300,000 in February. Meanwhile SelfWealth has reported “the most substantial period of customer growth in the company’s history”. 7. The coronavirus death toll in the US has passed 500,000. The country hit 400,000 deaths just over a month ago, on January 20. “It’s nothing like we have ever been through in the last 102 years, since the 1918 influenza pandemic,” the nation’s top infectious disease expert, Anthony Fauci, told CNN. 8. After a month laying low, Trump is going to give his first address since leaving the presidency. He’s set to speak at the Conservative Political Action Conference (CPAC) in Florida next week. He is expected to talk about the future of the Republican Party and criticise Joe Biden’s policies. 9. UK Prime Minister Boris Johnson revealed a timeline for lifting coronavirus restrictions in England. Schools are scheduled to open starting March 8, with all remaining restrictions lifted gradually. Indoor mixing will stay banned until at least May, with some restrictions remaining long into June. Makes you pretty glad for our situation! 10. Bitcoin tumbled 8% Monday after hitting a record above $US58,000 for the first time over the weekend. On Sunday, Bitcoin hit $US58,042, for a year-to-date gain of over 100%. The popular cryptocurrency has surged 305% in 2020. BONUS ITEM Okay, this is just nuts. This is a non-exclusive NBA clip, traded like a real asset. Top Shots is either genius or completely demented, and possibly both.10 things you need to know this morning in Australia (via @BIAUS) https://www.businessinsider.com.au/10-things-you-need-to-know-this-morning-in-australia-v17-2021-2

Australia's best and worst performing #regional #housingmarkets have been revealed in our latest Regional Market Update.

ow.ly/QA3k50DEjbL

The two key drivers of the long-term property boom may be drawing to a close, which may relieve the pressure off house prices over the longer term, according to an economist.

AMP Capital chief economist Dr Shane Oliver said that while there is still some time left before the property boom ends, he highlighted that interest rates “are at or close to the bottom”, with the Reserve Bank of Australia (RBA) now resorting to extreme measures to raise inflation. Dr Oliver said that this should ultimately result in higher interest rates. Commenting further on what could end the property boom, Dr Oliver said: “Second, the chronic undersupply of property may be starting to fade thanks to the unit building boom since 2015, the hit to immigration and home building incentives, which are likely to keep home building high for the next 12 months.” “Supply is likely to remain strong this year and next, but population growth has collapsed and could take years to recover. This may take some pressure off house prices on a three-to-five-year view.” In the shorter term, however, Dr Oliver said that the average capital city home prices are expected to rise by 5 to 10 per cent in 2021 and 2022 spurred by record-low interest rates and economic recovery. His projections have followed those by the Commonwealth Bank of Australia (CBA), which said that property prices could rise by over 14 per cent in the next two years. Dr Oliver also said that as the economy begins to recover, this would offset the wind-down of government income support and loan repayment deferral measures implemented on the back of the economic impacts of the coronavirus pandemic. Furthermore, he said while that first home buyer (FHB) incentives would likely be reduced, investor interest could accelerate and “fill the gap”.However, Dr Oliver stressed that the outlook for the property market is “divergent”, adding that the drop in immigration amid border closures would likely constrain inner-city Sydney and Melbourne as well as unit demand. On the other hand, outer suburban areas, houses, the smaller cities and regional property would all likely experience strong price gains, spurred by the “escape the city” trends and less exposure to immigration, he said. “Expect average price gains of around 10 per cent in Adelaide, Brisbane, Perth, Hobart, Canberra and Darwin in addition to regional areas,” he said. Dr Oliver said the divergence has also been evident in rising residential vacancy rates in Sydney and Melbourne, reflecting growing unit supply and the fall in immigration. But he pointed out that vacancy rates have been falling in other cities. “This, in turn, points to upwards pressure on rents and property values in other cities relative to Sydney and Melbourne,” he said. Commenting on the broader economy, Dr Oliver said that it is unlikely to justify rate rises until around 2023. However, he flagged that a tightening in lending standards could be on the horizon in 2022 if the property market continues to ramp up as expected, causing financial stability concerns for the RBA. He added that this should “start to slow things down and eventually the bottoming of the long-term interest rate cycle and the shift to oversupply may take pressure off prices, but that’s a while off yet”. RBA governor Philip Lowe recently told the House of Representatives’ standing committee on economics that the RBA would continue to monitor lending standards instead of housing prices. [Related: House prices to soar by 16% over 2 years: CBA]

The underlying story is a rent story, not a housing story. When the rate of housing formation is low, as we’re seeing now, weakness in rents comes through, particularly in those areas affected by the shock. It’s less of a house price story. House prices are more driven by financial flows and credit.

Landlords in inner-city Melbourne have taken the biggest property hit during the COVID-19 pandemic, followed by landlords in Sydney’s inner city and eastern suburbs, according to data from CoreLogic. Between March 2020 and last month, there was an 11% drop in rents in the Melbourne CBD and a 10.8% fall in Sydney’s inner city and inner southern suburbs, according to CoreLogic figures published by the National Housing Finance and Investment Corporation. “This shows weakness in housing triggered by the pandemic is showing up in the rental, rather than the purchase, markets,” NHFIC researcher Hugh Hartigan told The Australian Financial Review. “The underlying story is a rent story, not a housing story. When the rate of housing formation is low, as we’re seeing now, weakness in rents comes through, particularly in those areas affected by the shock. It’s less of a house price story. House prices are more driven by financial flows and credit.” Rents in regional markets are also showing the impact of COVID-19. Rents in smaller cities like Darwin and Perth have spiked by as much as 11.1%, and regional centres that have seen a flood of new residents fleeing from locked-down cities have also seen rents spike, AFR reported. “That inner city story is a pretty weak one in terms of rents, but conversely, dome of the major cities – particularly Darwin, Perth – you’re seeing very tight vacancy rates,” Hartigan said. “And in places like Coffs Harbour [on the North Coast in NSW]. There’s a lot of those different and highly variant stories playing out across the country.” However, there are tentative signs of improvements in the Sydney and Melbourne rental markets, according to data published Tuesday by SQM Research. The vacancy rate fell in Sydney’s CBD, and asking rents across greater Sydney rose enough last month to lift the national average for the first time in a year. SQM said there were also encouraging signs in Melbourne’s rental market. Best Regards Linda 姬琳达珍 and Carlos Debello (LREA) LJ Gilland Real Estate Pty Ltd Debello LREA推荐书LJ Gilland房地产 http://ljgrealestate.com.au/testimonials/ Request FREE Rental Appraisal here! "Your Local Property Management & Sales Specialists" PO BOX 19 ZILLMERE 4034 电话：07 3263 6085 LJ Gilland Real Estate Pty Ltd would love your feedback. Post a review to one of our profiles i.e. https://g.page/ljgrealestate/review?gm https://www.ratemyagent.com.au/real-estate-agent/linda-debello/reviews/80-albert-st-woodridge-aauvwd A pleasure sales experience Linda and Carlos have managed my property for over 10 years. They have always handled the property so it has been kept in excellent condition and rent always paid in time. Yes there have been some difficult tenants but I didn’t have to worry about a thing because it just got taken care of. It was the effortless sale and got the exact asking price. Can’t fault them, can only recommend them. Review submitted by (Vendor) on 7 Feb 2021 Your reply - 11 Feb 2021 Hi Bolle, Thank you for your kind words. Please stay in touch with us if you should need anything such as research etc... Always happy to help :) https://www.ratemyagent.com.au/real-estate-agent/linda-debello/reviews/34-dalewood-place-moggill-aavvbf http://ljgrealestate.com.au/competitive-commission/ http://ljgrealestate.com.au/property-management/ http://www.facebook.com/ljgrealestate

Moggill Managed & Sold by LJ Gilland RE ratemyagent.com.au/reviews/34-da...

LOGANLEA FOR LEASE - LJ GILLAND REAL ESTATE

via IFTTT