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Hot Property: The biggest property headlines from week 5–9 June

by Adrian Suljanovic11 minute read

The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 9 June.

Welcome back to The Adviser’s weekly round-up of headline stories and news that are important not only for the real estate sector but also for the state of Australian property more broadly.

To compile this list, not only do we consider the week’s most-read stories and the news that matter most to you, but we also curate it to include stories from our sister brands that also have an impact on the Australian property landscape.

Here are the biggest stories of the week:

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Mortgage stress hits 15-year high

A growing number of Australians face potential mortgage stress, ahead of the central bank’s monetary policy meeting on Tuesday (6 June).


Terminal rate forecasts rejigged following RBA decision

Several economists have increased their terminal cash forecasts after the central bank hiked rates and foreshadowed that further rises may be coming.


RBA monitoring arrears on the path to lower inflation

RBA governor Philip Lowe had outlined the factors the board is considering on the path to lower inflation after another rate hike.


RBA reveals highly anticipated June cash rate decision

The Reserve Bank of Australia (RBA) has handed down another divisive cash rate call at its monthly board meeting on Tuesday, 6 June.


Global luxury real estate player strengthens Aussie scope

Two Australian entrepreneurs aligned with a global player in the high-end real estate space have revealed their intention to capture “a larger share of Australia’s growing high-end market”.


Industry reacts to ‘uncharted territory’ following June cash rate call

Several industry heavyweights have responded to the Reserve Bank of Australia’s decision to enact its 12th cash rate increase since May 2022.


Armadale is the ‘ugly duckling’ suburb investors should swan dive into

Hailed as a suburb within an “ugly duckling” market, here is why investors are now turning their heads to Armadale.


Perth’s top 5 transit-oriented development locations revealed

As train access increasingly shapes Australia’s property landscape, a new report unveiled the top five priority locations for transit-oriented development (TOD) in Perth.


[RELATED: Hot Property: The biggest property headlines from week 29 May to 2 June]

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Adrian Suljanovic

AUTHOR

Adrian Suljanovic is a journalist on Momentum Media's mortgages titles: The Adviser and Mortgage Business.

Adrian has written for a range of titles under the Momentum Media umbrella such as IFA, Investor Daily and Lawyer’s Weekly before joining the mortgages team in 2022.

He graduated from the University of Wollongong in 2021 gaining a Bachelor of Communication & Media with a major in Digital & Social Media.

E-mail Adrian at: [email protected]

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