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ISCOVER
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 10 November.
Welcome back to The Adviser’s weekly round-up of headline stories and news that are important not only for the real estate sector, but also for the state of Australian property 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 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 stories of the week:
RBA delivers hotly anticipated November cash rate call
It was arguably the RBA board meeting with the most eyes on it this financial year. What direction did Reserve Bank governor Michele Bullock and the board send the cash rate on this past Tuesday?
Greens threaten 650% rate increase on Brisbane landlords
Ahead of the Queensland capital’s lord mayoral elections next year, the Greens Party candidate for the position proposed a radical strategy to reduce some of the rental tension swirling around the city. Here, Smart Property Investment unpacks the finer details of the move.
Was the RBA’s Cup Day dampening rate rise justified?
It is Australia’s worst kept secret: rates are back up. But was the RBA’s decision to lift the cash rate in November justified? Or have they pulled the trigger too early with potentially damaging ramifications?
The Block 2023: What the TV edit left out
It was Australian reality TV’s biggest night and the man at the centre of it, Tom Panos, who brokered the record-breaking deal for eventual winner House 4, divulged all the details in the eventful auction day.
Dwelling approvals fall after August rise: ABS
Bad news for anyone hoping Australia’s supply crisis would be coming to a swift conclusion. Dwelling approvals are back down. How much longer can this last?
Migration cap will not fix housing affordability: CoreLogic
Following a COVID-19-induced pause, Australia’s net overseas arrivals are back on the up. However, the reaction to this influx hasn’t been all positive given the nation’s supply shortfall. But will placing strict limitations on the number of migrants arriving on these shores fix anything? Perhaps not.
How to invest in Australia’s underdog cities this spring
Spring is selling season, but for those looking to buy this spring, this report has provided mass tips and tricks to maximise the value of your transaction.
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