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The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 3 December.
Welcome to The Adviser’s weekly round-up of the headline stories and news that are important not only for the mortgages 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 matter to you, but we 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:
Australia’s top brokers revealed in glittering ceremony
The Adviser’s Australian Broking Awards 2021 recognised the crème de la crème of the mortgage and finance broking industry.
Brokers write two-thirds of Australian mortgages
Mortgage brokers wrote a record 67 per cent of all new residential home loans in the September quarter, according to MFAA data.
APRA to raise capital required against interest-only mortgages
Higher risk lending could become less profitable for the banks, with new standards to require more capital set aside for interest-only and investor loans.
The corporate regulator is pursuing the bank for its acceptance of home loan referrals from unlicensed third parties, including real estate representatives.
Is there a chasm between real estate agents and trusted advisers?
Should real estate agents be considered as trusted advisers in the same vein as accountants, lawyers, mortgage brokers and financial planners? Tom Panos has weighed in.
[Related: Hot Property: The biggest property headlines from the week 22-26 November]
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