The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 18 November.
Welcome to The Adviser’s weekly round-up of 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:
New certification set to launch for brokers:
A new certification ratified by the ACCC has been launched by the Certified Finance and Mortgage Institute of Australia in conjunction with the FBAA.
Interstate commercial lending alliance launched:
Sydney’s Marketplace Finance and Victoria’s My Local Broker have joined forces to bolster MLB broker commercial loans.
RBA policy path forecasts ‘not for publication’
While the central bank will continue to publish forecasts regularly, it probably won’t be about its policy strategy, it has explained.
Australia’s house price falls to accelerate, IMF warns
The world bank has warned the Reserve Bank of Australia must continue to “raise interest rates” to rebalance domestic demand and keep inflation anchored.
Which regional markets are witnessing rapid declines?
Just three of Australia’s 25 largest non-capital city regions saw house prices rise or hold firm in the three months to October, according to CoreLogic.
4 ways real estate will evolve in 2023
An Australian network has forecast some changes to take place in the property market over the next 12 months.
‘Historic’ stamp duty legislation gets green light in NSW
Six months after initially being proposed, NSW’s stamp duty reforms have passed the State Parliament.
Canberra rental properties must be insulated from 2023
ACT rental properties will be subject to new minimum energy-efficiency standards from early next year.
[RELATED: Hot Property: The biggest property headlines from week 7-11 November]
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