Tag: Commercial Real Estate

How will the banking Royal Commission’s final report affect Northern Beaches businesses?

The banking Royal Commission’s final report, released on 4 February 2019, included only minor changes to small business lending, making it relatively good news for the majority of Northern Beaches businesses. The report included no changes to SME loan guarantors—third-parties who commit to paying back the loan if the lendee cannot—or business loan renewal policies,.

REINSW’s push for commercial-specific real estate accreditation

Most residential real estate agents are not experienced or knowledgeable enough to manage the sales and leasing of commercial properties, according to the president of the Real Estate Institute of NSW (REINSW), John Cunningham. The industry heavyweight and founder of Cunninghams Real Estate Agency is leading the charge for stricter training and national accreditation requirements.