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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 16 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.
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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:
FBAA head ‘dumbfounded’ by RBA governor comments
The head of the broker association has hit back at governor Philip Lowe’s comments that people could reduce spending and work more to go into positive cash flow.
NAB ups terminal cash rate forecast
The major bank has lifted its terminal cash rate call once again after already adjusting its forecast to 4.35 per cent.
Home Guarantee places ‘still available’
While the federal government’s Home Guarantees have helped 100,000 Australians purchase their own home since the program commenced, places remain available this financial year.
Unplanned migration to cause surge in housing shortage: IPA
New research from the Institute of Public Affairs has estimated a housing shortage of over 250,000 dwellings due to a rise in overseas migration.
Housing Minister ices rent freeze debate
Federal Housing Minister, Julie Collins, has insisted rent caps are ineffective for solving the nation’s rental crisis.
Brisbane agent cops 3 years’ jail time for $58k trust account fraud
A former Newmarket real estate agent will spend time behind bars for the mishandling of over $58,000 in trust money and other misdemeanours.
Has Qld’s state budget hit the mark on housing?
Delivered earlier this week (13 June), the ninth state budget of the Palaszczuk government’s tenure is littered with housing promises — but is it enough?
PMs and landlord insurers to assist ATO with FY23 investor tax claims
In a bid to ensure property investors properly claim income and deductions this tax time, the Australian Tax Office (ATO) has revealed the expansion of its data-matching capability.
[RELATED: Hot Property: The biggest property headlines from week 5-9 June]
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