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The federal budget looms, the flood clean-up continues, and ideas to make Aussie housing more affordable are unpacked: here are the biggest property and real estate stories from the past week.
Welcome to REB’s weekly round-up of the headline stories and news that are important not only for the real estate sector but also for 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 matter to you, but we curate it to include stories from our sister brands that also have an impact on the Australian property landscape. Here are the biggest property stories of the week:
There have been mixed responses to the federal government’s long-awaited report on the state of housing affordability and supply in Australia.
Michelle Mitchell, principal at LJ Hooker Lismore, and her colleagues all generally agree that the two weeks following the recent floods that devastated northern NSW were the worst of their lives.
Australian property owners are still bullish on the potential for price gains in 2022, a new survey has revealed.
As the two-year milestone of the pandemic approaches, an expert counted off the ways the Australian housing market has been impacted by the major public health event.
The property researcher has questioned how the inquiry’s recommendations will be implemented, including super’s equity amongst first home buyers.
Despite having higher loan-to-valuation ratios and lower cash buffers, first home buyers have been found to be no more likely to fall into financial stress or arrears.
The 2022-23 budget is just days away from being unveiled, and home owners, home hunters and real estate industry insiders alike are hoping to see new spending measures to address the country’s housing affordability crisis.
The Reserve Bank governor has expressed confidence in current lending standards and the ability of borrowers to weather a rate rise.
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