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Hot Property: The biggest property headlines from the week 6-10 December

by Reporter10 minute read
Hot Property: The biggest property headlines from the week 6-10 December

The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 10 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.

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:

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Government to reissue unused first home buyer grants

The government will roll over more than 4,500 unused guarantees for first home buyers from the previous financial year, giving aspiring property owners a second chance.

Frydenberg promises to press RBA, APRA on housing

The federal Treasurer has expressed concerns at the housing market running hot, but he is not sure if APRA will take further lending interventions.

ANZ sued over offset account, package failures

ASIC has commenced a civil lawsuit against ANZ, over failure to provide loan benefits promised with offset transaction accounts or its Breakfree package.

RBA delivers December cash rate call

For the last time in 2021, the Reserve Bank of Australia has handed down its decision on the cash rate.

Goodbye 2% as last big 4 bank lifts fixed rates

The National Australia Bank (NAB) has become the final big lender to raise its fixed rate loans, effectively putting an end to big four rates below 2 per cent.

Leading GM crosses the bridge to join rival network

A strategic appointment has landed the former Ray White Double Bay GM at Raine & Horne Lower North Shore.

Network appoints inaugural head of growth

A national network has promoted its long-time network manager into a brand new role for the brand: national head of growth.

The Sydney suburbs tipped to see strong growth in 2022

A new report has identified several Sydney suburbs that are tipped to record double-digit growth in 2022.

[Related: Hot Property: The biggest property headlines from the week 29 November - 3 December]

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