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Hot Property: The biggest property headlines from the week 24-28 May

by Reporter11 minute read
Hot Property: The biggest property headlines from the week 24-28 May

The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ended 28 May.

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.

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.

Vic opposition vows to scrap stamp duty

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The Victorian opposition party said that it would scrap the Labor government’s stamp duty tax increase on the family home if elected to power.

Treasurer stays firm on responsible lending repeal

Treasurer Josh Frydenberg has insisted now is a key time to wind back the responsible lending obligations, as the country recovers from the pandemic.

Pepper Money officially lists on ASX

The non-bank lender has officially been admitted to the official list of ASX Ltd, with trading commencing on a conditional and deferred basis under the code PPM.

Home buyers daunted by pre-approval process: Aussie

More than two-fifths of all property buyers are confused about the home loan pre-approval process while over half said they missed out on a property as they did not have pre-approvals, according to a survey.

Submissions open for Women in Finance Awards 2021

Nominations and submissions are now being accepted for the 28 categories of the fifth annual Women in Finance Awards.

Queensland’s best brokers named at Better Business Awards 2021

The leading brokers in Queensland have been crowned at the Brisbane Better Business Awards, run in partnership with NAB.

Is the franchise model fractured?

A franchise director has condemned franchisors for their “stale” outlook on high-performers, which she says is punishing those agents and business owners who could be capitalising on growth.

To be great, just don’t be sh*t

The struggle is not selling, but rather getting the stock in the first place – and you are competing directly with every agent in your area to secure those vendors, writes Dan Argent.

CBA lifts rates: Is this a sign of things to come?

Record-low interest rates could be a thing of the past as Australia’s largest bank begins to lift rates, despite the RBA’s ongoing “lower for longer” narrative.

Property growth rates may have peaked but prices aren’t set to fall just yet

The booming property market is expected to keep growing despite the threat of rates moving earlier than expected, albeit the rate of incline is set to slow, a leading economist told Smart Property Investment.

Harcourts eyes off number 1 network spot

Harcourts CEO Marcus Williams has reported to the network’s business owners and teams that the group is now gunning for status as the top-ranked real estate brand in Australia.

[Related: Hot Property: The biggest property headlines from the week 17-21 May]

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