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ISCOVER
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ended 30 April.
Welcome to The Adviser’s weekly round-up of the headline stories and news that are important not only for the real estate sector, but also for the state of property in Australia 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 matters to you, but we curate it to include stories from our sister brands that also have an impact on the Australian property landscape.
The CEO of Aussie, James Symond, is to step down from his role, marking the end of the Symond family’s leadership of the company they founded.
Following the news that Aussie CEO James Symond is to step down from his role, the industry has been reflecting on the Symond family’s contribution to mortgage broking in Australia.
Non-major unveils new LMI offering
Gateway Bank has today unveiled a Monthly Premium LMI offering to help those with low deposits access a mortgage sooner.
Associations call out majors for turnaround channel conflict
The FBAA and MFAA have hit out at the major banks regarding the disparity between “time to yes” for broker-lodged loans and those written through the proprietary channel.
Barry Plant brings in PM leader
The Australian real estate franchise has nabbed a “trailblazer” to take on the role of group head of property management.
Could real estate go cold this winter?
With the property market red-hot right now, a number of property professionals have weighed in on what may be coming in winter 2021.
Top yields revealed: Rents grow at fastest pace since 2007
Housing rents are rising at the fastest pace since 2007, but experts are warning that rental conditions around the country are extremely diverse.
McGrath expects $12m earnings boost
An ASX announcement has forecast McGrath’s FY21 financial figures in a strong light.
Leadership revamp leads to network changes
A NSW-based network has introduced a new formal leadership structure, which shakes up its C-suite and adds a number of board appointments.
Big 4 tips price growth to slow based on 4 key reasons
Despite remaining bullish on Australia’s housing outlook, a big four bank has tipped that affordability pressures and prudential measures will cool the market in the months ahead.
Has the property market reached its peak?
Australian property has shown exceptional strength as it rebounds post-pandemic, with the national growth rate in March beating a 33-year record. However, some experts believe it’s all downhill from here.
[Related: Hot Property: The biggest property headlines from the week 19-23 April]
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