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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 21 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:
Narrow path getting narrower: Bullock
The RBA governor has emphasised the board’s vigilance in returning inflation to target.
2024 rate cut hopes dwindling
Major bank economists are tentatively continuing to call a November rate cut, but the risks of a later start to the easing cycle are mounting.
How will stage 3 tax cuts increase borrowing capacity?
With the stage 3 tax cuts soon to come into effect, Aussie Home Loans has revealed new research analysing its potential effect on borrowing capacity.
New home sales drop following construction code changes: HIA
National home sales fell during May following the changes to the National Construction Code.
NSW budget: The new funding and taxes targeting property
With NSW home to the capital with the highest median home price in the country, the cost of housing has been an issue that many hope to see mitigated in the 2024–25 state budget.
Rental taskforce to launch in NSW
The state’s 2024–25 budget will include an $8.4 million rental taskforce to crack down on “bad behaviour from dodgy agents and owners”.
MRI teams up with big 4 bank for future payments solution
The proptech giant has a new strategic collaboration with Australia’s largest bank.
Settlement agent struck off for trust account misuse
Having used nearly $30,000 of settlement funds for her own personal expenditure, a Western Australian woman has been permanently banned from working as a settlement agent.
[RELATED: Hot Property: The biggest property headlines from week 10–14 June]
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