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The RBA makes yet another move, NSW cops another flooding event, and trust account woes land a former agent behind bars: 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:
Amid widespread speculation of another significant hike, the Reserve Bank of Australia has revealed its cash rate decision for July 2022.
A former Rainbow Beach agent will spend time behind bars for the misuse of more than $200,000 in trust money.
With the Reserve Bank of Australia (RBA) anticipated to continue its monetary policy tightening well into 2023 even after a 50 basis points rate hike today (5 July), should a home buyer lock in a fixed rate or go for a variable one for their home loan?
New Queensland rental legislative reforms could have a damaging impact on the industry, according to the Real Estate Institute of Queensland (REIQ).
Following major flooding and significant rainfall in NSW, lenders have begun offering impacted borrowers with support.
It is not going to be a surprise to anyone that the Brisbane property market is starting to transition, following changes that have been observed in other markets around Australia over recent months. We are certainly seeing changes on the ground throughout the city.
The Reserve Bank has continued its approach to fight inflation with a second 50-bp cash rate hike.
With a new financial year now upon us, what can the real estate profession expect from the year ahead?
A new research report has enumerated the top reasons Western Australia should be on any property investor’s radar.
With the cash rate tipping 1.35 per cent, the increase in mortgage repayments will weigh on borrowers’ savings.
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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