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Another cash rate call, expansion plans, and mortgage stress hits 15-year high.
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:
1. RBA reveals highly anticipated June cash rate decision
The Reserve Bank of Australia (RBA) has handed down another divisive cash rate call at its monthly board meeting on Tuesday, 6 June.
Two Australian entrepreneurs aligned with a global player in the high-end real estate space have revealed their intention to capture “a larger share of Australia’s growing high-end market”.
Several industry heavyweights have responded to the Reserve Bank of Australia’s decision to enact its 12th cash rate increase since May 2022.
Hailed as a suburb within an “ugly duckling” market, here is why investors are now turning their heads to Armadale.
A growing number of Australians face potential mortgage stress, ahead of the central bank’s monetary policy meeting today (6 June).
Several economists have increased their terminal cash forecasts after the central bank hiked rates and foreshadowed that further rises may be coming.
RBA governor Philip Lowe had outlined the factors the board is considering on the path to lower inflation after another rate hike.
As train access increasingly shapes Australia’s property landscape, a new report unveiled the top five priority locations for transit-oriented development (TOD) in Perth.
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