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Australia’s record-low cash rate continues: Here are the biggest property stories from this week.
Here is REB’s weekly round-up of the headline stories and news that’s affecting not only for the real estate sector, but also the state of property in Australia more broadly.
To compile this list, not only do we consider the week’s most-read stories and the news that matters to you, but we curate it to include stories from our sister brands that also have an impact on the Australian property landscape.
As the property market continues to go from strength to strength, the Reserve bank of Australia has revealed its cash rate decision for the month of March.
An industry veteran has jumped networks to take on the head of property management role with Harcourts Group Australia.
The Loan Market Group deal to acquire 100 per cent of the three broker aggregation businesses (Choice Aggregation Services, FAST and PLAN Australia) from National Australia Bank has officially finalised.
The broker association has voiced “serious concerns” of splitting bank and non-bank oversight between APRA and ASIC under proposed credit reforms.
In another big win for Agency HQ Commercial, the independent real estate business has nabbed yet another top agent from a major network.
Anticipating an influx of foreign investors from both mainland China and Hong Kong, The Agency is launching a national China Desk service under the leadership of agent Linda Wu.
Sydney buyers have been flocking to one of NSW’s “best-kept secrets”, the Central Coast’s 2261 postcode region, a real estate brand revealed.
New data has shown which of Australia’s capital city suburbs have the highest and the lowest vacancy rates.
The broker association has called on the Senate to ensure that any changes to lending laws provide a clear delineation between consumer and business lending, to prevent any roadblocks to lending to SMEs.
As mortgage rates hit record lows, Aussies are increasingly wondering whether it’s cheaper to buy or rent.
ABOUT THE AUTHOR
Grace Ormsby
Grace is a journalist across Momentum property and investment brands. Grace joined Momentum Media in 2018, bringing with her a Bachelor of Laws and a Bachelor of Communication (Journalism) from the University of Newcastle. She’s passionate about delivering easy to digest information and content relevant to her key audiences and stakeholders.
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