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RBA governor Philip Lowe faces the cash rate heat, the federal government introduces a raft of housing legislation into Parliament, and several state government’s move on social housing.
Welcome back to REB’s weekly round-up of headline stories and news that are important not only for the real estate sector, but also for the state of Australian property more broadly.
To compile this list, not only do we consider the week’s most-read stories and the news that matters most to you, but we also curate it to include stories from our sister brands that also have an impact on the Australian property landscape. Here are the biggest stories of the week:
NSW’s newest Premier, Chris Minns, declared Labor’s election victory a “golden opportunity for a new government — a young government — to look at what the future can be”. So what’s in store for the state’s property sector?
The Dandenong man allegedly misused approximately $75,000 in trust account funds.
Australia’s 30+ day mortgage arrears rose by 11 basis points in the three months to December and are expected to continue to rise as inflation and rate rises impact borrowers, the credit ratings agency has said.
A sharper-than-expected fall in annualised inflation has supported mounting expectations of a pause in the Reserve Bank’s (RBA) monetary policy tightening cycle.
With pets often viewed as an extended member of the family, a new report has ranked Australia’s worst suburbs when it comes to accommodating tenants’ non-human relatives.
The Palaszczuk government said it wants to give the state’s renters “a fair go”, releasing its plans to stabilise rental prices across Queensland.
Around 7.9 million driver’s licence numbers and hundreds of thousands of passport numbers have been stolen in the major cyber attack, Latitude has revealed.
The current economic headwinds have opened opportunities for brokers to diversify their offerings as the SME sector is neglected by mainstream lenders, according to non-bank and SME specialists.
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