ASX-listed proptech Openn hits $5 billion in property sales
Openn, the ASX-listed online real estate sales platform, has reached a massive milestone, reporting $5 billion in property sales.
IPEX onboards new business development team for Queensland operations
IPEX has appointed three new Business Development Managers to support its rapidly expanding Queensland operations.
Total value of Australian residential dwellings tops $10 trillion for the first time
The total value of Australia’s residential dwellings rose by $221.2 billion in the March quarter 2022, according to figures released by the Australian Bureau of Statistics (ABS) on 14 June, 2022. This brought the total value of Australia’s 10.8 million dwellings to $10.2 trillion for the first time. Michelle Marquardt, Head of Prices Statistics at the ABS, said, “The total value of residential dwellings rose $1.8 trillion in the 12 months to the March quarter 2022 from $8.4 trillion in the March quarter 2021.” NSW accounted for 40.1%, or $4.1 trillion, of Australia’s total value of dwellings, followed by Victoria with 26.9% ($2.7 trillion) and Queensland with 16.7% ($1.7 trillion). […]
Proptech Association Australia announces Proptech Awards 2022 Winners
At a gala dinner in Sydney on Wednesday evening, Proptech Association Australia announced the winners of the second annual Proptech Awards.
RBA Hikes Cash Rate – Home Loan Marketplace JOUST Reacts
0.5% rise to the cash rate target announced by the RBA today, taking it to 0.85%.
RBA & peers are now in inflation panic mode: Wealthi’s Peter Esho
RBA move too slowly when worried about inflation, moved too slowly when worried about deflation and we now think that it’s moving back to inflation panic.
Archistar Raises $11M To Expand Internationally And Acquires Snaploader
Australian property intelligence platform Archistar has secured $11 million in its latest funding round from several investors including NAB Ventures.
FLK IT OVER closes first raise with $2.13M – investors from property, technology, finance sectors
FLK IT OVER, a digital document signing tool specialising in residential real estate has secured $2.13M in its first capital raise.
