Sunday, July 25, 2021

Proptech platform BuyersBuyers completes Series A funding round

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BuyersBuyers.com.au, an IT marketplace connecting homebuyers with buyer’s agents. successfully completed its $2.5 million Series A funding round.

Over half of Australia’s mortgage brokers expect a rate rise this year

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A survey of mortgage brokers from Australia’s leading mortgage broker platform Hashching has revealed that over half (55%) of respondents felt a rise in interest rates was likely this year.

Airtasker propels proptech Soho’s growth by acquiring Homesales

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The acquisition will see Soho add an additional 200,000 properties to its platform and grow their audience to half a million visitors monthly.

Australia’s construction sector experiences a tech-based rebound

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The report found that despite the economic and resource challenges of 2020, confidence amongst construction business owners was rated ‘high’ with larger organisations - employing between 200 and 300 staff – the most optimistic about their prospects for the next 12 months, with 32% being ‘very confident’ in their financial growth.

Hub Australia expands premium offering to new Adelaide site

Well-equipped state-of-the-art amenities will include a café, kitchen, podcast studio, parents’ space and hotel-style end of trip facilities. Current members will move to the site in mid-September before an official opening to new members from October.

Fintech app Fupay launches Australia’s first responsible lending rent payment product

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At the national real estate summit AREC, Fu Rent helps tenants who fit responsible lending criteria, by spotting them cash to pay their rent on time and avoid falling into arrears.

Construction crisis looms amid shortages, delays and price gouging

The Association of Professional Builders is providing their private clients with an advanced cashflow forecasting tool so they can predict future revenue with far more certainty.

Professional builders must plan to avoid business blow out

The State of Residential Construction Industry (SORCI) report, a new industry report commissioned by APB with more than 1,000 builders taking part, found that 2020 was a bumper year with 46.5% of respondents signing more contracts than in 2019.

HashChing acquires Mystro to expand its offering to mortgage brokers

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Australia’s leading mortgage broker platform HashChing today announced it has acquired document automation and data collection company Mystro. The acquisition follows a successful period of growth for HashChing and will help to expand its service offering to mortgage brokers.

Australian investors are storming back into the property market

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Corporate professionals and successful business owners are restarting their investment plans now that the uncertainty of 2020 is behind them. The values of their properties have continued to grow over recent years and they are now feeling confident to reuse some of their equity by starting, or growing, their strategic property investment portfolios

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