The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 5 April.
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:
Why are more borrowers using mortgage brokers?
With broker share at a record high, members of the broking industry have revealed why more consumers are turning to brokers than ever before.
Residential dwelling prices drive up household wealth: ABS
Growth of total household wealth accelerated in the December 2023 quarter, the ABS has revealed.
Housing affordability ‘one of the biggest policy issues’: Dutton
The rising cost of housing in Australia is “one of the biggest policy issues we need to get right,” the Leader of the Opposition Peter Dutton has said.
Government forges ahead with tripling fees for foreign investors
The Property Council of Australia (PCA) has warned that the fee increase could put the government’s housing targets “at risk”.
Tenants, landlords want NSW to act on no-grounds evictions now
The Labor Party in NSW committed to introducing a “reasonable grounds” eviction policy during the March 2023 election.
Proptech sale shelved following ACCC investigation
It appears to be an amicable decision for both parties, given that REA Group’s plan to acquire Dynamic Methods was under scrutiny from the Australian Competition and Consumer Commission (ACCC).
Angus Raine: Autumn buyers must act fast
The executive chairman of Raine & Horne believes that a unique buying window is available over the next three weeks – but buyers must act fast or risk missing out.
Victorian builder allegedly pocketed $100k before skipping out on jobs
Victoria’s Department of Consumer Affairs is taking action against an unregistered builder that it says failed to complete work for seven separate consumers after taking deposits for jobs.
[RELATED: Hot Property: The biggest property headlines from week 25-29 March]
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