The Mix

Redfin CEO recounts encounter with OpenAI’s Sam Altman to warn about impact of AI on housing tech

In May, OpenAI began rolling out ChatGPT plugins in partnership with Redfin and Zillow Group to boost how people search for homes online. But one month later, in response to a June report by real estate news site Inman discussing the discriminatory risks posed by chatbots, and after reviewing a 28-page report from Redfin, OpenAI swiftly deactivated all real estate plugins, according to Kelman. More…

WA stamp duty concession to drive hundreds of millions in investment

In an environment where governmental decisions get criticised no matter what they do for the housing market, Western Australia’s recent move is something everyone can support. It has extended its successful stamp duty discount and expanded it to accommodate more people. More…

Housing shortfall evident as overseas arrivals climb

The latest Australian Bureau of Statistics (ABS) data on Overseas Arrivals and Departures has revealed that total arrivals increased by 50.3 per cent to 1,544,700, an annual increase of 517,000 as of August 2023. More…

Imprisonment on the cards for Perth PM

In a first for Western Australia, unauthorised trust account withdrawals have landed one former North Perth property manager an order for time behind bars. More…

Chinese buyers are back in force

Chinese buyers have returned to the Australian property market in record numbers after being largely locked out during COVID-19. More…

Industry partnership ‘set on fire’ over Victoria’s vacant property tax

Describing it as a “financial incentive” for investors who rent out homes or develop land, the Victorian government has proposed a tax on the owners of long-term vacant properties. More…