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The Urban Jungle: How architects are helping city dwellers get back to nature

Outdoor spaces can be more than just a balcony or a city park. Architects are increasingly enabling those living in the city to also appreciate some of nature’s joys, thus enjoying the best of both worlds. At present approximately 50% of the world’s population live in cities, and this figure is expected to rise to […]

Inside Nicole Kidman and Keith Urban’s Nashville Mansion

The A-list couple were seen this week in Nashville, where they are believed to be overseeing the redecorating of their new $3.75 million seven-bedroom home, their ‘temporary’ residence whilst building a dream home on a 15ha property they bought last year outside the country music capital. As reported by the Herald Sun.

Scrooge: Will the RBA Lift Rates Before Christmas?

Homeowners could yet face a pre-Christmas interest rate rise from commercial banks, after evidence they are in their strongest market position for nearly a decade. While the funding squeeze on wholesale money markets has forced non-bank lenders to lift their prices, banks, with their large deposit bases, have been keeping prices low in an attempt […]

On The Cards: Another Australian Interest Rate Cut

The Reserve Bank of Australia (RBA) will meet on Tuesday 2 December and, the Marquette Turner team expect, they will make a fourth consecutive cut to the official interest rate. A survey of 18 economists by the Australian Associated Press revealed the following: All 18 economists believe the RBA will cut interest rates 11 economists […]

Growing Pains: Michael Jackson Forced to Sell Neverland

It seems that no matter who you are, the credit crunch is snapping at your heals. And, as we seem to be hearing more and more each day, people from all walks of life are losing the battle. Michael Jackson, he of the world’s biggest selling album of all time, “Thriller” (and on its 25th […]

Short Vs Long-Term Interests: The Challenge For Australia’s Banks

The Reserve Bank of Australia’s (RBA) decisions to decrease interest rates over the last few months were welcomed by borrowers and lenders alike, most recently with the 0.75% cut in October and the 1% cut in September. The reality is, however, that most of Australia’s lending institutions have chosen not to pass on the full […]

Reserve Bank has blood on its hands – We must have further interest rate cuts – NOW!

Continued: Part 2 of a 2 Part Report The massive decrease in housing sales volumes has decimated State Government budgets as they lose hundreds of millions of dollars in would be stamp duty revenue. The flow on effect through to builders, other trades people, real estate agents and so many others throughout the economy is […]

Reserve Bank has blood on its hands – We must have further interest rate cuts – NOW!

Part 1 of a 2 Part Report (read Part 1) Yesterday’s rate cut of 75 basis points 0.75%) was the right decision by the Reserve Bank of Australia (RBA). Fifty points (0.5%) definitely would not have been enough after the release of some of the worst economic data in many years. I had predicted in […]

Australian Interest Rates Slashed by 0.75%

The Reserve Bank of Australia (RBA) has cut its key interest rate for the third month in a row as it attempts to prevent Australia’s economy stalling. The central bank trimmed three-quarters of a percentage point – or 75 basis points – off its key cash rate, reducing it to 5.25%, the lowest level since […]

Place Your Bets: The Interesting Interest Rate Debate

Tuesday 4 November 2008 is shaping up to be a historical day:   The US Presidential Election will either see the first African-American President (Obama) or the first female Vice-President (Palin) together with the eldest first-term President (McCain). The Reserve Bank of Australia will meet and, all things being equal, will almost certainly cut interest rates. […]

How An Idea From Florida Could Help Australian Real Estate

Prices for homes in Australia have risen in the first half of 2008, according to the Real Estate Institute of Australia (REIA). The REIA report that median home prices rising across the country to $A459,216 by June 2008, up a slight 0.05% for the quarter and 6% for the previous year. Despite a decrease in […]

BREAKING NEWS: Australian Interest Rates Cut By 1%

Pundits, experts, and economist’s alike all predicted that the Reserve Bank of Australia (RBA) would today cut interest rates, but by a whole percentage point (100 basis points) is quite dramatic. The cash rate now stands at 6%, down from 7%, with some predicting that rates may even fall to 5% in 2009. Worldwide stock […]

The Meaning Of “Home”: The Kiva Organisation

When Marquette Turner Luxury Homes began, we were determined that we would regularly donate and lend a significant amount of our revenue to organizations and individuals worldwide. As a company with a substantial focus in real estate, we deal with transactions involving people’s homes. In the simplest manner, our philanthropic efforts are subsequently focused in […]

Michael Marquette’s “View from the Bridge”: the Springtime interest rate cut is a breath of fresh air

After the comments both Simon Turner and myself made earlier in the week both predicting and welcoming the Reserve Bank of Australia’s cut to interest rates by 25 basis points, I have received many thoughts from vendors, buyers, agents and other consumers all agreeing that such respite is indeed welcoming. One response, however, stuck out. […]

Interest rates: the word on the street

The Reserve Bank of Australia will hold what could be a historic meeting tomorrow, Tuesday 2 September 2008. Should they decide to lower interest rates, it will be the first time in seven years that the cash rate has fallen after 12 successive rate rises. Most economists are suggesting there will be a cut by […]

Donald Trump Provides the Future for Sydney!

Donald Trump is moving his focus to Australia with Sydney as the city set to benefit. Having just released his Palm Beach property from his book, he is planning to move by the end of the year and real estate throughout the Harbour city is set to be changed forever. Property in Sydney is set […]

This week’s e-magazine from Marquette Turner Luxury Homes

Today we released our weekly e-magazine featuring the highlight’s of the past week’s blog articles and insights into the week ahead. It’s been an enormously busy last couple of weeks for the team at Marquette Turner Luxury Homes. I spoke with the Australian Financial Review recently regarding the likelihood of Australian banks passing on any […]

View from the Bridge: Michael Marquette’s comments to the Australian Financial Review

Home owners and investors have welcomed suggestions that the Reserve Bank of Australia will cut interest rates this year, but will the Banks pass the rate cuts onto borrowers? Prime Minister Kevin Rudd has told Australians to change banks if they fail to pass on rate reductions. The banks have had no problem increasing rates […]

Newcastle Property Sales Down 85% in July!

Sales in Newcastle were down by a massive 85% in July, compared to the same month last year. This is a staggering decrease in sales volumes which is causing enormous problems for agencies which sell average suburban properties. Luxury Home prices have remained steady although the practice of real estate agents overpricing property is alive […]

SOLD: Concierge® delivers

Having been unfurnished for 5 months on the market with a traditional suburban agency, this property in Cremorne on Sydney’s North Shore remained unsold. Marquette Turner’s unique Concierge® service furnished the property from top-to-bottom, and within 5 weeks the property sold: yet another example of a fantastic result that Concierge®contributed to. Our Concierge® service, and […]