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The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 2 December.
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:
Tasmanian borrowers ‘beg’ for home loans as rents sting, broker reveals
As Hobart takes the medal for ‘least affordable city’ for average rental prices, Tasmanians are screaming to enter the housing market despite rising rates.
Broker market share breaks 70% milestone
The third-party channel has broken 70 per cent market share for the first time in history, new MFAA data shows.
Softening inflation poses a ‘dilemma’ for RBA
Australia’s annual inflation rate for October eased, which could “pose a dilemma” for the RBA governor ahead of next week’s meeting, economists discuss.
1 in 4 Aussies ‘highly concerned’ about further rate rises: NAB
Data averages are ‘masking’ increased mortgagor stress levels over their home loan debt, a NAB behavioural economist has explained.
5 ‘must-have’ traits of a top-performing sales agent
Operating on the belief that “your business plan is only as good as your people”, this business leader enumerates the five “must-haves” for a sales agent to create a top-notch team.
Barry Plant nabs COO from Harcourts
Amid a top-level reshuffle, the network has revealed the appointment of Lisa Pennell to its executive team.
Communication ‘failure’ flagged as borrowers get RBA apology
RBA governor Philip Lowe has issued an apology to borrowers who “acted on what we’d said and now regret what they had done”.
Why are landlords divesting their property?
Contrary to predictions of tenancy law shake-ups triggering an investor exodus in rental markets, a new study showed that money talks for most landlords when it comes to selling their property.
Majority of interstate buyers betting on Gold Coast for their next property purchase: Report
The Gold Coast continued to be the crowd favourite among interstate buyers, according to a new report, with southerners being the sought-after location’s top fans.
Debunked: Tenancy reforms not a deal-breaker for landlords, report shows
A new report debunked claims that the changes made to tenancy laws in the last two decades served as a major motivating factor for buyers and sellers in the rental market.
[RELATED: Hot Property: The biggest property headlines from week 21-25 November]
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