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The Greens propose radical Brisbane rental reform, a highly anticipated RBA board meeting, and was the latest rate hike justified?
Welcome to Hot Property, REB’s weekly round-up of headline stories that are important not only for the real estate sector, but also for the state of the Australian property market as a whole.
To compile this list, we consider the week’s most-read stories and the news that matters to you, collating your need-to-know property report from across our site and sister brands. Here are the biggest stories of the week:
It was arguably the RBA board meeting with the most eyes on it this financial year. What direction did Reserve Bank governor Michele Bullock and the board send the cash rate on this past Tuesday?
Ahead of the Queensland capital’s lord mayoral elections next year, the Greens party candidate for the position proposed a radical strategy to reduce some of the rental tension swirling around the city. Here, SPI unpacks the finer details of the move.
It is Australia’s worst kept secret: rates are back up. But was the RBA’s decision to lift the cash rate in November justified? Or have they pulled the trigger too early with potentially damaging ramifications?
It was Australian reality TV’s biggest night and the man at the centre of it, Tom Panos, who brokered the record-breaking deal for eventual winner, House 4, divulged all the details in the eventful auction day.
Bad news for anyone hoping Australia’s supply crisis would be coming to a swift conclusion. Dwelling approvals are back down. How much longer can this last?
Following a COVID-19 induced pause, Australia’s net overseas arrivals are back on the up. However, the reaction to this influx hasn’t been all positive given the nation’s supply shortfall. But will placing strict limitations on the number of migrants arriving on these shores fix anything? Perhaps not.
Spring is selling season, but for those looking to buy this spring this report has provided mass tips and tricks to maximise the value of your transaction.
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