News

Who wants to be a billionaire? We’ll circle back to that shortly. For now, let’s dive into the luxury property market in Sydney...

Implications for Australia's Insurance and Construction Sectors. The devastating wildfires in Los Angeles have sent shockwaves through the global insurance and construction markets, serving as a stark reminder of the growing impact of climate change. As natural disasters grow in frequency and severity, their impact on global insurance premiums and construction costs is becoming more apparent. This article explores these effects with a particular focus on the Australian market.

As the summer holiday season takes centre stage in January, it’s the perfect time to spotlight one of Australia’s annual property auctions—Ray White Surfers Paradise’s The Event. Now in its 31st year, this Australia Day weekend tradition has been reported as the nation's largest single auction program.

Acumentis welcomes Ian Henderson as Director – Asset Advisory, effective 3 February 2025, enhancing our expertise and capabilities in plant and equipment valuation.

The IVSC has released updated International Valuation Standards (IVS), effective 31 January 2025, ensuring global consistency in valuation. Adopted by the API and Acumentis, the IVS cover real estate, equipment, intangibles, and businesses.

The extremely tight residential rental market across Australia’s capital cities shows signs of easing. CoreLogic Australia’s recent Housing Chart Pack reveals national vacancy rates now sit at 1.8%, an increase of 40 basis points from 1.4% a year ago. While this increase is encouraging for renters, the current vacancy rate of 1.8% still sits 1.5 percentage points below the pre–Covid five-year average.

Rising property values can significantly increase the total asset pool, offering opportunities for equitable division. However, they can also lead to financial strain, prolonged negotiations, and the need for creative approaches to achieve fairness. This article explores how current market conditions influence family law property settlements.

Across Australia, the prestige property market has shown resilience, with several key areas performing strongly despite broader economic conditions. From Perth to Sydney, market dynamics have been influenced by factors such as migration, housing supply shortages, and shifts in buyer sentiment. Here's a snapshot of some of the standout sales and trends in the national prestige market for 2024.