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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 15 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:
Foreign investment changes a ‘step in the right direction’: Brokers
A tripling of foreign investor fees, while a positive step, will not solve the housing crisis, members of the broking industry have warned.
Less than 50% of future FHBs likely to use brokers
Only four in 10 future first-time borrowers are likely to choose the mortgage broking channel, according to new research released by the FBAA.
Home buyer sentiment lifts in December: Westpac
The major bank has recorded a shift in home buyer sentiment, however, levels still remain weak by historical standards.
Foreign investor fees jump sixfold under new framework
Federal fees levied against foreign property investors will be substantially increased in an effort to stop Australian homes from sitting vacant and free up housing stock for residents.
Ray White AKG unveils ‘strategic shift’ and 3 leadership moves ahead of 2024
Recognising the dynamic nature of real estate, the Avi Khan-led brand is switching things up ahead of the new year.
25% staff turnover rate a blow to agencies in 2023
With one in four real estate industry professionals reporting they changed employers in 2023, business leaders are realising they must reconsider their retention strategies.
Victoria’s plans to scrap commercial stamp duty revealed
Victoria is moving ahead with plans to abolish stamp duty on commercial and industrial properties.
A step-by-step guide to managing tenancies this Christmas
To make sure property managers have a well-needed break this summer, here are four steps to keeping tenants happy over the shutdown period.
[RELATED: Hot Property: The biggest property headlines from week 4–8 December]
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