. This week’s announcement by Holden to shut down operations in Australia in 2017 – although I suspect they will move on well before this date should not come as a great surprise. Back in the 1960’s the manufacturing... Continue reading »
. “It is potentially the biggest economic and social challenge we face. Yet, it hardly registers in the popular debates. Within the lifetime of the typical Australian the number of people living here is expected... Continue reading »
. It’s no secret that the Australian government is up the proverbial creek without a paddle given its federal budget is in crisis. Finance Minister Mathias Cormann told the Ten Network “We inherited a budget... Continue reading »
. It’s that time of the year when businesses start working on strategies to implement for next year and removing the strategies that failed – the biggest question is what should be priority one? It’s pretty... Continue reading »
.A very interesting question was raised this to week as to what exactly is the best and most accurate way of determining the strength of the property market? For years I have argued that the current methodology... Continue reading »
. Without a doubt one of the overwhelming characteristics of the Mosman market was the insatiable desire of residents to trade in the market. Today, it is instinctively clear that this desire has been lost as a... Continue reading »
. Oh dear – the lunatics are trying to run the asylum! Mosman has always had its individual niche suburbs – Balmoral (not Balmoral Beach), Clifton Gardens, Mosman Bay and Beauty Point. Although at the end... Continue reading »
. A fascinating week with the Abbott government establishing its Commission of Audit in order to return the budget back to surplus which will require wide – ranging cuts. Return to budget will be ‘a herculean... Continue reading »
As each week goes by it becomes more and more obvious that our economy is slowing (weakening for that matter) and the obvious remedy will be interest rate reductions (and not before time). Just that when the Reserve... Continue reading »
Parks & ReservesMosman Council manages a variety of parks, reserves and foreshore areas which serve as venues for formal and informal recreation for all age groups in the community. Map showing parks, bushland,... Continue reading »
. I love an exclusive! Hang the expense (no pun intended), as we closely examine the impact of the global financial crisis on Sydney’s top – end housing markets. Courtesy of Dyson Austen & Co Pty Ltd, a... Continue reading »
Whilst the local market will soon become distracted by the holiday season, the Expat market is heading home for Christmas. Because of our large Expat database (41 countries), each year we set up a special service... Continue reading »
Today we live in unprecedented times. Never before have we seen monetary policy attacked so aggressively where households (finally) come to the fore – not to be confused with four. I was speaking with a journalist... Continue reading »
. A hypothetical Mosman forecast: (not to be read by the faint heated) – walking your Labrador could soon see you walking on private property. Remember the “once upon a time” analogies? Time brings change... Continue reading »
. The Emperor (Kevin Rudd) was back at it again recently when he commented on Australia’s skyrocketing population and quipped “I actually believe in a big Australia. I make no apology for that.” Well, Australia... Continue reading »
. Twelve months ago in our final edition of Virtual Realty News for 2008 I wrote – “The first six months of 2009 will be hard (not necessarily harder) and I believe the next six months will see a mild rebound... Continue reading »
Our Foreign Investment Review Board (FIRB) appears to be much busier of late with early indications pointing to the Mosman house market as now in active engagement. What a difference a week can make and we are certainly... Continue reading »
The first six months of 2009 will be hard (not necessarily harder) and I believe the next six months will see a mild rebound leading to much stronger property markets!
This is our final edition for 2008 and what a rollercoaster year it has been. For many an initiation and for others, a ‘here we go again’! The overriding consensus from most that we have spoken with, (and... Continue reading »
. The worry is, will Fort Fumble (Federal government) tax the living daylights out of businesses to pay down the Treasury’s projected budget deficit for 2009/10 of $57.7 billion? . Nobody denies the fact that... Continue reading »
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Mosman & Neutral Bay Watch
- 6 Wilson Street Auction Sold Prior $1,553,000
- 169 Spit Road Auction Sold N/A
- 25a Park Avenue Auction Sold $1,790,000
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- 84a Awaba Street Private Treaty Sold N/A