Famed tea growers' WA farm in new hands after sale exceeding $50m
About 45 kilometres west of Esperance, on the state's south coast, the 5,313-hectare property has been an award-winning sheep farming enterprise run by the Malaysia-based Russell family.
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7NEWS
23 minutes ago
- 7NEWS
Inside edge: Why a buyers' advocate is now essential in regional hotspots
In tightly held coastal towns like Byron Bay, Bangalow, Lennox Head and Kingscliff, many of the best homes are sold before they even appear online. In this climate, working with a buyers' advocate has become less of a luxury and more of a necessity. Nick Goldsbrough-Reardon, Director and Buyers Advocate at Compass, says buyers today need more than enthusiasm and a alert. "In high-demand areas, the best properties are often sold before they're listed," he explains. "A buyers' advocate gives clients access, speed, and strategic advice that helps them avoid costly mistakes and beat the competition." A common misconception among buyers, Goldsbrough-Reardon notes, is that they can simply watch the major portals and wait for the right property to appear. But the reality is that standout homes are often sold off-market, or snapped up within days. More critically, many buyers are unaware of zoning risks, flood and bushfire overlays, or planning restrictions, which can turn a dream home into a liability or lemon. "It's not just about finding a home," he says. "It's about knowing what you're buying, and what you're not." One of the biggest advantages of working with a buyers' advocate is access to off-market properties. Compass has built long-standing relationships with selling agents, developers and local vendors across the Northern Rivers and Tweed Coast. "We're often offered properties before they launch publicly," Goldsbrough-Reardon says. "And we proactively approach homeowners whose properties match our clients' briefs." This behind-the-scenes access can make all the difference, especially when demand outpaces supply. "Getting A-Grade stock before it is listed online can be the difference between settling for something that is available or securing your 10/10 dream home," he says. A recent success story illustrates just how effective this can be. Goldsbrough-Reardon worked with a Sydney-based client seeking a secluded beachfront home in Pottsville. The property was secured 100 percent off-market. Compass managed all the due diligence, including navigating flood zoning concerns, negotiating favourable terms, and finalising the purchase privately. The entire deal was wrapped up within 72 hours of the initial inspection, well ahead of several other interested buyers. What sets Compass apart from other agencies is not just its access to listings, but its commitment to full-service representation. The firm has a dedicated team of four agents and two support staff, with deep local knowledge and a full-time office in the region. They work seven days a week, maintain strong trust with local agents, and tailor strategies for each client's unique goals. "These aren't just transactions, they're long-term investments in lifestyle and wealth," Goldsbrough-Reardon says. "We act with discretion and integrity, and that earns us the trust of vendors and agents, which in turn benefits our clients." In today's market, speed, strategy and insight are just as important as budget. With rising competition and a growing number of homes selling off-market, having a buyers' advocate who understands the local dynamics, and can move quickly, is a clear advantage.
Sydney Morning Herald
4 hours ago
- Sydney Morning Herald
The radical scheme to slash France's public holidays
The move has incensed workers after years of dispute over other controversial measures, including increasing the pension age from 62 to 64. Macron signed the pension changes into law in April 2023, but his plan provoked street protests, leading Bayrou to declare in January this year that he would renegotiate the policy. After the talks with unions and employers, however, the prime minister continued with the overall proposal, despite adjusting some details. The French plan means that most workers born after January 1, 1968, would not receive the pension until they turn 64. In Australia, workers born after January 1, 1957, do not receive the aged pension until they turn 67. In a sign of the anxiety about debt, Bayou this week urged voters to accept a total freeze in spending – something that requires unpopular cuts to future spending and is rarely achieved in any Western democracy, including Australia. 'The rule is to spend no more in 2026 than in 2025. No less, no more,' he said. Gross public debt has reached 114 per cent of gross domestic product in France, the third-highest level in the European Union after Greece and Italy. It is 62 per cent in Germany. Although the next presidential election is not until 2027, Le Pen and the National Rally have seized on the plan to blame Macron for budget cuts and demand tougher migration policies instead. Le Pen played a key role in removing the previous prime minister, and her National Rally party has the largest bloc in the National Assembly, giving it the capacity to oust Bayrou over the budget if the left-wing parties support the move. National Rally president Jordan Bardella is positioning himself as the party's candidate for the presidency at the next election, when Macron cannot run due to term limits in the constitution. Le Pen is barred from seeking public office for five years after a court found her and some members of her party guilty in March of misappropriation of funds. In another challenge for the right-wing party, police raided the National Rally head office on Wednesday over allegations of donation law violations. The upheaval in France highlights the financial malady for major European nations when their debts deepen but leaders are stymied by political blowback when they attempt to limit spending. British Prime Minister Sir Keir Starmer abandoned plans to scale back welfare spending on July 1 after dozens of his Labour Party backbenchers rebelled against the plans, gutting the projected savings.
The Age
4 hours ago
- The Age
The radical scheme to slash France's public holidays
The move has incensed workers after years of dispute over other controversial measures, including increasing the pension age from 62 to 64. Macron signed the pension changes into law in April 2023, but his plan provoked street protests, leading Bayrou to declare in January this year that he would renegotiate the policy. After the talks with unions and employers, however, the prime minister continued with the overall proposal, despite adjusting some details. The French plan means that most workers born after January 1, 1968, would not receive the pension until they turn 64. In Australia, workers born after January 1, 1957, do not receive the aged pension until they turn 67. In a sign of the anxiety about debt, Bayou this week urged voters to accept a total freeze in spending – something that requires unpopular cuts to future spending and is rarely achieved in any Western democracy, including Australia. 'The rule is to spend no more in 2026 than in 2025. No less, no more,' he said. Gross public debt has reached 114 per cent of gross domestic product in France, the third-highest level in the European Union after Greece and Italy. It is 62 per cent in Germany. Although the next presidential election is not until 2027, Le Pen and the National Rally have seized on the plan to blame Macron for budget cuts and demand tougher migration policies instead. Le Pen played a key role in removing the previous prime minister, and her National Rally party has the largest bloc in the National Assembly, giving it the capacity to oust Bayrou over the budget if the left-wing parties support the move. National Rally president Jordan Bardella is positioning himself as the party's candidate for the presidency at the next election, when Macron cannot run due to term limits in the constitution. Le Pen is barred from seeking public office for five years after a court found her and some members of her party guilty in March of misappropriation of funds. In another challenge for the right-wing party, police raided the National Rally head office on Wednesday over allegations of donation law violations. The upheaval in France highlights the financial malady for major European nations when their debts deepen but leaders are stymied by political blowback when they attempt to limit spending. British Prime Minister Sir Keir Starmer abandoned plans to scale back welfare spending on July 1 after dozens of his Labour Party backbenchers rebelled against the plans, gutting the projected savings.
