🏠 RBA day, NSW's tattoo rule and your new hire's superpower

GOOD MORNING FROM ELITE AGENT 👋

TODAY'S FEATURE

The 90-day window most principals waste

New hires walk in with something they'll never have again: a completely outside view of your business. Most principals spend those first months just trying to get them productive, and by the time they're settled in, that view is gone for good. Leadership and workplace culture expert Phill Nosworthy has mapped out a working rhythm that catches it before it disappears.

What you'll learn in the full article:

• The 30% stat: the Harvard Business School finding on onboarding style and six-month retention that changes how you'd run week one.
• The two-way debrief: why comparing what you saw against what your new hire saw after their first campaign or open home surfaces the real conversation.
• The report-back rule: the one habit that separates genuine mentoring from onboarding that just trains people to nod along.

Read the full article →

TOGETHER WITH TRACKMYPLACE

What's your competitive advantage in this market?

Jess Nguyen kept hearing the same question from her sellers: “Any updates?” So she built something to make it disappear.

TrackMyPlace gives your buyers a personalised, agent-branded portal showing your whole portfolio – Coming Soon listings included – with real-time alerts for new listings, price changes and campaign updates. Sellers get their own portal, so they see the work happening behind the scenes instead of chasing it.

It's plug-and-play for solo agents, teams and whole agencies, and it sits alongside the CRM you already use – no rebuilding your database.

It's just been named a finalist in the 2026 REIQ Awards for Excellence – Industry Innovation Award. Register your interest at trackmyplace.com.

Learn more →

DEPT OF ECONOMICS

Fourth rate rise could strip $11,200 off budgets

If the RBA lifts the cash rate to 4.60% this afternoon, as 90% of economists expect, Canstar puts the year's total hit to an average-wage buyer's budget at $47,400 – that's less money walking into your open homes. The twist: Sydney values are already down 6.7% this year, so in some markets the price falls may cushion the borrowing squeeze more than others.

DEPT OF DISPUTES

NSW limits what agents can ask renters

No more asking tenants about tattoos or school runs – NSW's new rental laws strip back what agents can collect, with driver licences and passports only taken from the preferred applicant before signing. Fines run to $49,500 for agencies that breach privacy and $22,000 for undisclosed AI-touched photos. The rules land in early 2027 and reach 2.3 million renters, so it's worth building the new standard form into your process now.

DEPT OF DATA

Why this analyst says a housing crash is the wrong call

Vacancy rates as low as 0.7% are the real story here, according to Michael Matusik – tight enough to keep values propped up even where prices are easing. His latest Property Clock report maps 30 cities and finds Sydney and Melbourne still declining, but in an "orderly" way, while Newcastle, Wollongong and Hobart are still climbing.

"The emerging picture is one of rotation, not collapse," Michael said.

Read the full article →

DEPT OF COMMUNITY

Bondi lifeguard's three questions for setbacks

Quinn Darragh swam for 12 hours and 40 minutes at Bondi before being pulled from the water, 64 laps in and short of his 24-hour goal – still a new beach record. At PM/ONE 2026, he shared the three questions that got him back in the water: what do I still have, what can I change, what can I start with?

HOW IT SOLD

Six offers landed on a 692sqm Gwandalan block

Daniel Grech kept every buyer conversation personal, asking what they'd actually do with the land. At 33 days on market, that groundwork paid off – 24 groups inspected, six offers landed, and a Sydney family secured 69 Winbin Crescent for $765,000, drawn by the space for boats, caravans and a big backyard.

Find out the story behind how it sold →

AI cannot cite content that was never written. getailsa.com →

MOVERS & SHAKERS

Peter Diamantidis opens ninth Ray White office in Quakers Hill

Quakers Hill now has a Ray White presence of its own, after Peter Diamantidis spent a year quietly building a four-person team there before formally launching under the brand. It's the ninth office for Ray White United Group, where Peter – 24 years in the industry, starting in property management at 15 – now oversees around 139 people, more than 4,500 managed properties and roughly 1,300 sales a year. A tenth office is already locked in for later this year.

Dylan Choe joins newly launched Belle Property Epping Sydney's north-west has a new local face at Belle Property – Dylan Choe joins the freshly launched Belle Property Epping, bringing more than 13 years across sales and off-the-plan projects, along with a client base and community ties built through years living locally in Ermington. Fluent in Korean and English, he'll work alongside the Belle Property Parramatta, Carlingford and Beecroft group as it extends its footprint into Epping, Eastwood and Ermington.

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AGENTS ON SOCIAL

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TRUE OR FALSE:

The rent on one of England's grandest country estates is a French flag, handed to the monarch once a year – and it's been paid that way for more than 200 years.

And the answer is …

True (it's way too strange to be false!). After Waterloo, the nation bought Stratfield Saye for the Duke of Wellington in 1817. The rent? One tricolour flag, handed to the sovereign at Windsor every 18 June, the anniversary of the battle. Two centuries on, it still arrives every year. via Royal Collection Trust.