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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 1 December.
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:
Monetary policy ‘taming the inflation beast’: CreditorWatch
The central bank’s rate hikes appear to be working as intended to mitigate inflation, CreditorWatch’s chief economist has said.
NSW government announces plans to fast-track low to mid-rise housing
The Minns government has announced plans to tackle housing supply issues by fast-tracking the creation of new homes.
Financial hardship rises for sixth consecutive quarter: NAB
The major lender has found the number of Australians who have experienced financial hardship rose to 44 per cent in Q3 2023.
Sydney may not be the big bad wolf of property
Expensive, crowded, and brutally competitive, right? According to new research, Sydney’s housing market may not be as hostile as it’s painted to be.
1 in 3 Australian homes are cheaper to buy than rent
More than one-third (or 36.3 per cent) of homes across the country are cheaper to buy than they are to rent at current prices.
Translating soft skills into sales
Annabelle Feng, RT Edgar Boroondara director, knows that soft skills are the key to succeeding in Melbourne’s diverse housing market.
It now takes 10 years to save a 20% deposit across Australia
A new report has cemented what many already know to be reality: housing affordability is on the decline.
ASIC heaps ban and disqualification on ex-Magnolia Group director
The former Magnolia Group director infamous for his spat with ASX-listed The Agency has been placed under a 10-year ban from providing financial services.
The power of ‘knowing your landlord’ amid the rental crisis
Urbanism researchers at the University of Sydney (USYD) have launched a new creative project to reimagine the traditional power relationship between landlords and tenants.
[RELATED: Hot Property: The biggest property headlines from week 20-24 November]
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