Monday, 24 November 2014

Why Education is Important for the Economic Growth of Australia



Australia is the twelve largest economy in the world among developed countries, according to the rate of GDP growth. Because of high living standard, low unemployment rate, high labour costs, huge natural resources and relatively low levels of corruption, Australia is a popular destination for skilled workers, international students and tourists from all over the world.  

education is future

10 years ago, the largest number of immigrants came from England and New Zealand, however in recent years things have changed and there are a greater number of immigrants from China and India. Is the growing number of immigrants a good thing? Obviously, with more skilled workers available, productivity increases which is good for everyone in the long run. However there are also some potential dangers associated with increased immigration. 

economic growth of australia

People that immigrate to the country as a skilled worker may not be able to find a job in the field in which they are skilled. There is evidence to suggest that some companies do not recognise international qualifications and would much prefer someone that is educated locally.  

migration to australia

Immigrants that are unable to get a job in their chosen field can find a position in a low skilled, low paid industry, educate themselves further in Australia and/or get help from the government, which puts more pressure on the economy and worsens the situation rather than improving it. Yet in terms of getting educated, Australia offers excellent opportunities. Many immigrants choose to educate themselves further in Australia as it is world-renowned for the quality of education that is provided.

need a job in australia
Unfortunately Australia is far behind for funding of research and development. According to a Wikipedia report Australia ranked 15th in the world for research and development funding. They are even behind from developing country such as India (ranked 8th) and Brazil (ranked 11th). The only way to mature an economy is innovating new technology rather than increasing the volume of goods production. In the last century almost all the major innovation happened in USA who are the maximum spender in research and development field. No wonder that USA is the number one economy in the world in respect to GDP growth. So the time has come for the policy maker to rethink about this issue deeply.

real estate agent
However there are good news also. A significant amount of money is put into vocational education and training including TAFE and short courses in cooking, IT and real estate agents courses. The reason behind this is mainly the skill shortages in these industries. The Australian government has done a great job by funding these areas to create a skilled younger population that can fill this need. Because of the constant growth of tourism and the real estate industry, it is speculated that more jobs will be created in this sectors in near future.

real estate agent course
There are many opportunities afforded to young Australians as the economy requires different skilled to fill the holes. The real estate and property industry is one such industry and more and more training courses are opening up to accommodate for this need. Find more information about quality real state training courses in Sydney by visiting reet.net.au


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Thursday, 16 October 2014

The Obvious Reasons To Hire A Professional Real Estate Agent

For various reasons, it is generally advisable to go through an agent if you’re selling a property. While the economy is picking up and the demand for property is rising constantly, it arguably still a buyer’s market and any leg up you can have over your competition is valuable. A professional real estate agent can give your property the exposure it needs and knows all the tricks get the house sold for a higher price. The statistics show that getting an agent is cost effective given the money, time and energy you’d otherwise spend on selling the house. Other reasons to go with a real estate agent include:

•    Chances are your real estate agent has a lot more experience and knowledge than you about how best to sell a property.
•    Your real estate agent will have the contacts that can provide services that will help get your home sold.
•    Your real estate agent will handle the paperwork. This task alone could take you tens of hours if you choose to go at it alone.
•    A real estate agent can help you with what to expect in terms of selling price with respect to market conditions, the neighbourhood you’re in, etc.


Despite the many advantages that come with hiring a professional real estate agent, there are certainly some agents in the market that use undesirable tactics and possibly take advantage of their clients for their own gain. Obviously these are the one you want to be avoiding.
It’s definitely worth doing some homework when it comes to find a real estate agent, follow these tips and you’ll have the best chance of getting an agent you can trust. It’s just not worth taking chances!



•    Do some research online about a particular agent and if you’re impressed with their online reputation, contact them and make an appointment for a chat. It’s then about sussing them out and getting a feel for how they operate and how successful they are.While reading the profile of a particular candidate check if they have a sound educaional background as well.This is important because  having a relevent degree means the candidate have in depth knowledge about the subject.There are a lot of reputed education institutes exits who provide real estate agents courses.If your prospective candidate have a degree from any of this reputaed institutes, shortlist them.
•    Ask how many properties they’ve sold in the past year and how long they’ve been in the industry. You  obviously want someone with good experience.
•    Find out as much as you can about their marketing strategy. In the initial consultation they’re not likely to give too much away but they should provide you with a general idea. Nowadays it’s all about the online marketing, with around 95% of buyers finding their home on the net.
•    If you ask how much your property is worth, or how much the prospective agent would expect to sell the property for, you won’t always get an honest answer. Some agents will tell you anything to get your business, while honest ones that tell you the truth might not be as appealing because they aren’t claiming they’ll fetch as high a price. Be wary of this and realise that the good, honest real estate agents are your best bet in the long run. After all, it’s in their best interests to sell the property for the highest price they can and quoting you a price that is unachievable is only going to set you up for disappointment.
•    Ask for testimonials. If they’ve been in the industry for a reasonable amount of time they should have a bunch online, but you can’t always trust what you read on the internet. Seeing a real testimonial or even contacting someone that has worked with the agent in the past will give you further insight.

Following these tips will give you every chance of choosing the right real estate agent. Be careful and don’t rush your decision because hiring someone that is untrustworthy can be more trouble than it’s worth.


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Thursday, 4 September 2014

Real Estate Certificate of Registration Course for New Agents

If you are a real estate agent working in the field for a while then you must be aware of the fact that how important it is to have certification in this field. Not only it will increase your knowledge but also it helps you to grow your career.


In this age of immense competition, companies are looking for skilled people who have proper training and specialization in a particular field. For real estate industry it is also true. This sector is rising slowly and there is a huge demand of real estate agents. If you have no knowledge in real estate business and wish to work in this field then it’s a good idea to get fundamental training courses first. Before enrolling any course do some research on education service provider. First make a list of institute. Read their curriculum thoroughly. Make sure that you have enough interest on those subjects. Secondly look the profile of the instructors carefully. It’s extremely important that you get the knowledge from people who have real time experience in this field. Third, try to get some feedback from those people who have done training from your choosen institute before. If possible then talk with them. Ask them about the courses effectiveness. After done all this research you will get a shortlist of institute of your interest. Now it’s time to choose the right institute.


The single most important thing to consider before you choose a training institute should be: how they assist you after you get certification? The sign of a good training institute is, they will never let you go after you have done the training. They will help you find a relevant job or introduce you with the industry people so that it become easy for you to get a job. After all the main purpose of getting trained in real estate or any subject is to get a good job, right? A professional training institute will take good care of that as well. So before signing a final agreement make sure you get that after training assistance as well.

After selecting the training institute the question arise which course will you enrol? Well, if you are a newcomer and want to practice as a real estate agent you can do the real estate certificate of registration. This course was formerly known as Course in Property Practice. This is a three day certification course which will prepare you to work in the real estate business. To find out more visit the corresponding institute website. Keep in mind that an education provider must have a good website where you will get plenty of useful information.This is another indication of a good training institute.



Image Source: pixabay.com, www.jisc.ac.uk 

Tuesday, 5 August 2014

How has the mining industry affected Australia’s Real Estate Industry?

Looking at the Australian property market we could classify it into 2 eras; before and after the Second World War.

Up until the beginning of WW2, Australia’s economic growth was heavily dependent on agriculture however experienced great financial hardship during the Great Depression between 1920 and 1930. Many agriculture businesses started to struggle when investment from overseas fell behind economic problems offshore. 

The Australian property market was heavily dependent on foreign investment in the early 20th century. This became troublesome for the economy because there was a significant difference in the expected profit and the actual profit with respect to the investment. The overall situation got worse when the war started as the government needed to invest most of its capital to the war effort, rather than using money to correct national financial problems.

After the end of Second World War in 1945 the entire phase of the economy started to change. Developing new markets for consumer products, high employment rate, increasing foreign investment and growth of mining industry soon made Australia one of the most developed countries in the world. Given the need for more skilled workers, Australia’s immigration policy was quite liberal during this period and the number of immigrants coming in has increased ever since.


Today, things are once again starting to pick up after a period of rather sluggish economic activity. State governments are financing education and getting behind the trades sector in an effort to encourage the training of skilled workers, which means that there is a great demand for human resources. In the housing sector for example, there is a great shortage of plumbers, electricians, and builders.

The real estate sector also has a bright future because of Australia mining industry. It is estimated that 20% of economic growth in recent times has come from the mining industry. So more and more people are spreading to mining industry and this is creating more job. Hence the demand of establishing residential home is also increasing. The Western Australian government is sponsoring foreign immigrants to settle in Perth and surrounding regions to help cater for this.


Further, the price of real estate has almost doubled in Western Australia because of this mining boom. It can be easily said that real estate business will become one of the major players in the economic growth in some places of Australia. So the need of skilled real estate agents will also rise in those regions. It is a good time for young people who want to build their career in real estate industry to train themselves. Many educational institute like rete offers real estate agents courses. Today’s competitive world the value of education in any sector is priceless and we all know that.


Image Source: watoday.com.au,propertyupdate.com.au