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The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 10 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:
Australian ‘housing choice’ gets stark reality check: Report:
The Property Council of Australia released a detailed report that dived into whether the country boasts adequate levels of affordable housing stock. So, is there enough to sustain the nation? And if not, how can governments act to ensure there is enough moving forward?
Big banks move on upped 3.35% cash rate
Find out which Australian banks moved the RBA’s cash rate decision on to its customers.
Home owners hold back sales as market conditions worsen
Demand for new property has fallen drastically due to a myriad of conditions. However, one property expert also revealed how and why we have seen a fall in sellers in the market.
‘Too damn high’: Greens reopen talks on rent freeze policy
Looking towards the NSW state election, which some predict will be a renters election, calls for a rent freeze have been renewed, but would such a decision be enough to combat the state’s rental crisis?
Expect property price declines of up to 11% in 2023: Report
Following a year of monumental price declines in 2022, one property group have forecast the market downturn to continue throughout this year.
Property leaders cagey on 2023’s first rate hike
Hear what some of the property industry’s biggest players had to say on the RBA’s cash rate decision.
RBA dishes out 2023’s first cash rate decision
Australia’s central bank met for the first time in 2023 earlier in the week, did they opt for a cash rate increase or pause?
[RELATED: Hot Property: The biggest property headlines from week 30 January to 3 February]
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