Management Rights

Motels

Caravan Parks

Employment

 

General Interest (Page 6)

In: ARAMA, General Interest, Landlords, Tenants, Renting and Management, The Management Rights Market

Contributed By: ARAMA on

The greatest validation for long term agreements in the business of Management and Letting Rights (MLR) is that the vast majority of resident managers are granted top-ups – that is extensions on the term of their MLR agreements. Why? Because those resident managers make continual improvements to a scheme in a way that off-site managers could never achieve. Owners are happy to give resident managers these top-ups as a reward for their performance. There are great economic benefits to a scheme that has an on-site manager with a long-term agreement, and there are also benefits you cannot put a price on – the services thatRead More →

In: General Interest, Real Estate

Contributed By: Claire Ryan - REIQ on

The Queensland region with the tightest residential vacancy rate in the state is primed for a turnaround, after its Council cut fees to incentivise multi-dwelling construction. Goondiwindi Regional Council (GRC) is introducing a year-long rebate for all Council fees and charges associated with constructing new multi-dwelling buildings such as units, townhouses, duplexes and granny flats. Real Estate Institute of Queensland (REIQ) COO Dean Milton said the move, welcomed by the real estate peak body today, was an exemplary way Council’s could help incentivise much-needed new housing supply. “With the Goondiwindi region hovering barely above the ‘no vacancy’ line at just 0.1 per cent for theRead More →

In: General Interest, Real Estate, REIQ

Contributed By: Claire Ryan - REIQ on

Enduring low days on market and higher listings than pre-COVID, are indicative of a property market holding firm, according to the latest quarterly data (September 2022 Qtr) analysed by the Real Estate Institute of Queensland (REIQ). With extraordinary double-digit annual median sale growth in most regions across Queensland, REIQ CEO Antonia Mercorella said there are plenty of reasons to remain confident in the strength and resilience of property in the sunshine state. “The average number of days on market in Queensland is now sitting at 19 days, compared to 51 days pre-COVID,” Ms Mercorella said. “While it got as low as 16 days earlier thisRead More →

In: General Interest, Insurance

Contributed By: Aon Insurance on

Here is what you need to know about Cyber Insurance and what it covers You probably don’t need another reminder about the increasing incidences of cyber crime – more than enough headlines and stories of organisations (and even entire countries) suffering major cyber attacks emerge almost every month. So it should come as no surprise that small businesses are now also now a lucrative target for cyber criminals. The reasons for this? There are many, but one of the biggest reasons is that unsuspecting small businesses often do not have sophisticated cyber security software, making them a relatively ‘easy target’. Cyber insurance is therefore an importantRead More →

In: ARAMA, General Interest, Real Estate

Contributed By: ARAMA on

QUEENSLAND is besieged by a housing crisis and in desperate need of 55,000 new rental properties. The perfect formula to help alleviate this desperate situation is the business of Management and Letting Rights. I attended the Queensland Housing Summit on October 20, where one of the key messages was that it is high time to further encourage property developers, property investors and the property management industry. Developers and investors provide the necessary homes for people to live in, while it has been shown time and time again that Resident Managers make Community Title Schemes run more efficiently and provide housing that is far more affordableRead More →

In: General Interest, Real Estate

Contributed By: Claire Ryan - REIQ on

The Real Estate Institute of Queensland (REIQ) has welcomed the immediate support to sustain tenancies, but says there’s still a lot of work to be done to address housing supply, in response to the Housing Summit Outcomes Report released today. REIQ CEO Antonia Mercorella said the immediate financial housing support, to be released prior to Christmas, would come as a welcome relief to the Queensland community. “The $48.5 million towards housing support, including tenancy sustainment, loans and grants, will benefit the most vulnerable in our community by helping to keep a roof over their head and reducing cost-of-living pressures over Christmas,” Ms Mercorella said. “GivenRead More →

In: Accounting and Finance, General Interest

Contributed By: Mike Phipps Finance on

I’m the first to admit I don’t “get” crypto currency or the trading that seems to underpin the price. What I do get is that a company called Berkshire Hathaway and a bloke on it’s board called Warren Buffet have been making mostly sound investment calls for a while now. Mr Buffet has variously called bitcoin “rat poison squared” and stated that he wouldn’t buy all the bitcoin in the world for $25. So far as I can tell crypto / bitcoin / whatever is underpinned by a singular value proposition. It’s a proposition as old as time itself……..speculate and hope there’s a bigger mugRead More →

In: General Interest, Insurance

Contributed By: Aon Insurance on

A detailed look at Business Interruption and what it covers When you run a small business, there are a lot of things which can interrupt the day to day running – whether it be severe weather damage; a break and enter or even losing a piece of portable equipment. Going through events like these can be costly, and while you might have insurance to cover the cost of repairs or replacement; if your business is unable to operate and bring in revenue for a period because of an insured event, the lost income would likely further add to your financial challenges. Business interruption cover can beRead More →

In: General Interest, Landlords, Tenants, Renting and Management, The Management Rights Market

Contributed By: Geoff Ellis - North Queensland Management Rights on

I am pleased to announce the formation of North Queensland Management Rights specifically specialising in the sale and purchase of management rights in North Queensland. The mission is to offer services that are entirely focussed on our region – where the interests of our industry in this region are foremost and tailored to meet the needs of those within and seeking to join the rights industry in North Queensland. The reason for change? As with many things today technology removes any compelling reason why being attached to a larger SEQ based broking business offers any real advantage. And certainly, the cost of doing business isRead More →

In: General Interest, Real Estate

Contributed By: Claire Ryan - REIQ on

The Real Estate Institute of Queensland (REIQ) says it’s a relief that the Queensland land tax regime was officially repealed with an amendment moved in Parliament yesterday. REIQ CEO Antonia Mercorella congratulated the state government for making the move to stop the controversial reform before it came into effect saying it was the right decision for Queensland renters, investors, and businesses. “From the outset, the REIQ led with strong opposition to this confidence-shattering regime,” Ms Mercorella said. “We feared the repercussions for our economy and the potential damage it would cause to residential and commercial rental relationships for a relatively insignificant gain. “Our concerns wereRead More →

ADVERTISMENT: