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Hot Property: The biggest property headlines from week 26–30 August 2024

by Annie Kane11 minute read

The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 30 August.

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 property stories of the week:

Government’s 1.2m housing target ‘a joke’, says Bragg

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EXCLUSIVE The shadow housing minister has lampooned the government’s 1.2 million housing target, adding the Liberal Party will release new housing supply policies before the next election.

Brokers see pre-approvals surge ahead of spring

With spring just around the corner, buyers have been busy turning to brokers to access finance ahead of the busiest selling season of the year.

What do buyers want? This spring, it’s all about social connection

According to a survey conducted by the listings portal, owner-occupier property hunters may be less concerned with certain investment fundamentals and more invested in how their home supports their social life during what is expected to be a busy spring.

Real estate agent raised red flag over fake barrister

A fake barrister condemned for his “web of lies and deceit” walked away with $30,000 of one client’s money and gave such incorrect advice to a second client that she and her family ended up homeless.

Where are Australia’s most tightly held suburbs?

It takes a lot to stay in one place for over 20 years, but new PropTrack data has revealed the suburbs where Australians have done just that.

Major banks reducing rates out of cycle

Australia’s largest lender has dropped some of its variable rates out of cycle, as other majors make tweaks to their fixed rates.

WA makes move to help finish stalled residential construction

The Western Australian government has announced a second round of funding to help builders complete unfinished properties.

[Related: In Focus: Senator Andrew Bragg unpacks the home ownership inquiry]

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AUTHOR

Annie Kane is the managing editor of Momentum's mortgage broking title, The Adviser.

As well as leading the editorial strategy, Annie writes news and features about the Australian broking industry, the mortgage market, financial regulation, fintechs and the wider lending landscape.

She is also the host of the Elite Broker, New Broker, Mortgage & Finance Leader, Women in Finance and In Focus podcasts and The Adviser Live webcasts. 

Annie regularly emcees industry events and awards, such as the Better Business Summit, the Women in Finance Summit as well as other industry events.

Prior to joining The Adviser in 2016, Annie wrote for The Guardian Australia and had a speciality in sustainability.

She has also had her work published in several leading consumer titles, including Elle (Australia) magazine, BBC Music, BBC History and Homes & Antiques magazines.  

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