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ISCOVER
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 6 August.
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.
ANZ, Westpac flag branch closures
Two more major banks have signalled both permanent and partial closures in their branch networks.
More clients look to lock fixed rates than 2020
More borrowers are eager to lock in fixed interest rates than this time last year amid record-low interest rates, according to HashChing.
Owner-occupied lending surges by $13bn: APRA
There has been sustained robust growth in home lending driven by strong owner-occupied lending and faster growth in investor housing, according to data.
RBA makes cash rate call as lockdown drags on
The Reserve Bank of Australia has revealed its decision on the August 2021 cash rate, as governments grapple to minimise the economic fallout caused by the COVID-19 delta strain.
Australia’s tax collector says it is ready and willing to apply extra scrutiny to the tax returns of those with an investment property if need be.
Selling properties in 3 Saturdays
One of Australia’s top agents has revealed her new selling strategy that’s revolutionised her ability to achieve greater turnover, without sacrificing client service.
3 things agents should do before the boom burns out
Real estate trainer Tom Panos has highlighted three ways agents can better prepare for an eventual downturn to the market – especially for those agents currently hampered by lockdown restrictions.
McGrath names new Victorian state manager
A “progressive and respectful” application process has led to the appointment of a new Victoria state manager at the network, as the group looks to achieve growth across the state.
[Related: Hot Property: The biggest property headlines from the week 26 to 30 July]
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