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ISCOVER
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 3 February.
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:
NSW updates FHB scheme to include domestic violence victims
Pending victory in the upcoming state election, the NSW government proposed allowing domestic violence survivors who are already home owners to be reclassified, allowing them to access the scheme.
The property market downturn has cooled: CoreLogic
Australia’s declining real estate market has shown initial signs of easing according to the research firm’s latest data.
‘We will renovate the Reserve Bank’: Chalmers
The federal Treasurer, in a recently penned essay, has announced altering the central bank is on the cards. Find out how he intends to do it here.
Angus Raine: RBA must cease back-to-back rate rises
With the RBA’s first rate decision of the new year due next week, one real estate heavyweight called for Australia’s central bank to temper consecutive rate hikes until the full financial ramifications of last year’s escapades are understood.
More young Aussies would buy a home with their mates: NAB
Could friendship be the facilitator for a new generation realising the great Australian dream? Research from the big four bank suggests this could be on the cards as young Aussies search for entry points into the property market.
Is the real estate market poised for a return to normal?
After a turbulent 18 months, what factors will drive the market back to ‘normal’?
Billion-dollar markets: Suburbs where buyers spared no expense in 2022
Find out which suburbs amassed the greatest value of total sales across the country last year despite prices declining for much of it.
Swift return of Chinese students to add immense pressure to rental market
With a decision by the Chinese government to change which overseas degrees it recognises, Australia’s student accommodation market is bracing for a major influx of students from the world’s most populated country.
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