Inverell real estate agents welcome scrapping of State vendor tax (Inverell Times)

Inverell real estate agents welcome scrapping of State vendor tax (Inverell Times)
LOCAL real estate agencies have expressed their feelings in regard to the scrapping of the vendor tax by new Premier Morris Iemma. Mr Iemma said that abolition of the 2.25 per cent tax would boost the state's economy and lighten the load on thousands of NSW families.

RioCan Real Estate Investment Trust Announces Record Second Quarter 2005 Recurring Distributable Income and (Business Wire via Yahoo! Finance)
RioCan Real Estate Investment Trust today announced its financial results for the three and six months ended June 30, 2005.

CHINA'S OVERHEATED REAL ESTATE INDUSTRY SHOWS SIGNS OF COOLING (Asia Pulse via Yahoo! Australia & NZ Finance)
Statistics China has succeeded in cooling down the overheated real estate industry, although the macroeconomic control measures have been much disputed and obstructed.

SmallCap Sentinel: Looking at Real Estate from a Stock Market Angle (pzone via Yahoo! Australia & NZ Finance)
IRVINE, Calif., Aug. 4, 2005 (PRIMEZONE) -- "As with any bull market, real estate's meteoric appreciation has driven interest in public companies with business plans centered on real estate," stated SmallCap Sentinel analyst, D.R. Clark. "Recent industry reports detailing the continuance of strong sales are certain to cause investors to examine stock plays with real estate tie-ins." "The recent