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The biggest real estate news – the week ending 3 March 2024

By Staff Reporter
01 March 2024 | 10 minute read
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New data uncovers the gender wage gap across the property sector, Australians get ahead on their mortgages, and the best investment suburbs for 2024 are revealed.

Welcome to REB’s weekly round-up of headline stories that are important to both the real estate sector and the state of the Australian property market.

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:

1. Gender wage gap revealed: How does property stack up?

For the first time, Australian companies with more than 100 employees have publicly published their gender wage gaps. Here’s what was revealed about real estate’s major players.

2. FAST 50 2025 is here: Revealing Australia’s top suburbs for property investment

The second edition of the FAST 50 report has landed, delivering unparalleled insights into the suburbs set to soar across the coming 12 months.

3. ‘Around 1/3’ of customers 2 years ahead on mortgages: ANZ

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The major bank has revealed that the majority of its home loan customers are ahead of their mortgage repayments.

4. Where’s the best place in Sydney to start out as an agent?

There are 27,596 real estate agents spread out across the city’s 29 local government areas and more joining the profession every day.

5. Canning stamp duty could give rise to 25% more property transactions

Data from a new report has doubled down on calls to end stamp duty in Australia.

6. Prospa to be acquired

The SME lender has entered into an agreement to be acquired by a consortium led by investment managers, Salter Brothers Tech Fund.

7. Government responds to Senate inquiry on HAFF Bill

The federal government has delivered its responses to the recommendations for the Housing Australia Future Fund Bill.

8. McGrath eyes off Australia’s no. 1 agency spot

The network’s CEO has lofty plans for market share growth over the next five years.

9. Unloan resurrects introducer commissions

The major bank’s direct-to-consumer mortgage brand is now offering a 0.33 per cent commission to referrers who introduce customers who settle a mortgage.

10. Why apartment owners on an iconic beach unanimously decided to sell

The sales campaign of a beachside block of units in Western Australia’s Cottesloe has become an example of what can happen when the stars – or more precisely, the unit owners – align.

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