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Hot Property: The biggest property headlines from the week 4–8 November

by Reporter11 minute read

The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 8 November.

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:

RBA still sees ‘upside risks’ and ‘not ruling anything in or out’: Bullock

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It’s been a year since the cash rate last moved and, while inflation is falling, the central bank has warned it still sees upside risks.

Winners unveiled for Australian AI Awards 2024

Over 20 winners, including those from the broking industry, have been announced at Momentum Media’s brand-new Australian AI Awards.

RBA unlikely to cut the cash rate this year, say economists

The market expects the central bank to hold the cash rate today, despite inflation being within the RBA’s target band.

‘Tranche 2’ legislation could saddle property sector with $2bn annual cost

Industry experts are warning that proposed reforms will burden real estate agents with extensive anti-money laundering duties and could potentially add “significant costs, delays and disruptions” to property transactions.

Examining the market impact of SA’s stamp duty shake-up

A change to the state’s first home buyer policy in the June 2024 budget has already had substantial flow-on effects, according to new data.

Victoria’s new stamp duty relief triggers off-the-plan boom

The state government’s new 12-month stamp duty concession plan for eligible off-the-plan apartments, units, and town houses has led to a surge in interest in Victorian projects.

Investor activity high amid dip in value of new housing loans

New home lending dipped in September for the first time since January 2024, but investor activity remained high, according to ABS data.

Cash incentives continue for WA Airbnb landlords

Landlords in Western Australia will have more time to cash out incentives to convert their vacant properties into long-term rentals as the Western Australian government extended its property schemes to ease market pressure.

[Related: Hot Property: The biggest property headlines from the week 21–25 October]

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AUTHOR

Ben Squires is a commercial content writer at mortgage broking title, The Adviser.

He primarily works with clients to deliver promoted and sponsored content – both in print and online – and also writes news and features on the Australian broking industry.

As an experienced writer and journalist, Ben can write across different mediums but specialises in commercial content that meets client objectives.

Before joining The Adviser in 2024, Ben was a commercial content editor at News Corp, writing for several titles including The Australian, Escape, GQ and news.com.au.

He’s interested in writing about anything related to finance and technology.

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