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ISCOVER
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 16 September.
Welcome to The Adviser’s weekly round-up of the headline stories and news that are important not only for the mortgages sector, but also for the state of property in Australia more broadly.
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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:
Aussie Home Loans in potential class action lawsuit
The major brokerage is embroiled in a new class action investigation led by Shine Lawyers.
CBA calls October 25-bp cash-rate hike
There’s support for an October “business as usual” 25-bp cash-rate hike following RBA governor Philip Lowe’s “inflation” speech at the Anika Foundation event on Thursday (8 September), according to the CBA.
NSW home values fell $500 a day over June quarter: ABS
The total value of residential dwellings in Australia fell $162.4 billion to $9.98 trillion this quarter.
Banks beat brokers on turnaround times: Report
A report has found that bank customers are more satisfied with turnaround times than those who obtained a home loan through a mortgage broker.
Government’s push for incentivised downsizing gets thumbs up from state body
Queensland’s peak real estate body has lauded the introduction of a potential new law that it believes will make downsizing an easier undertaking for Australian pensioners and consequently alleviate the housing supply shortage.
Why occasional staff meetings won’t cut it in a tight talent market
While real estate businesses are very good at managing their engagement with the market, they’re not necessarily as good at engaging and communicating with staff in the same way.
Can real estate lead the rebellion against homelessness?
Julie Collins, Minister for Housing and Minister for Homelessness, recently labelled Australia’s homelessness crisis as “unacceptable”.
[RELATED: Hot Property: The biggest property headlines from week 5-9 September]
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