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Melbourne Cup celebrations coincided with an unsurprising rate day decision, while a number of key appointments have been made in the real estate industry: Here are the biggest property stories this week.
Welcome to REB’s weekly round-up of the headline stories and news that’s important not only for the real estate sector but also for the state of property in Australia more broadly.
Here are this week’s biggest stories:
The high-performance coach and agent will be taking on a role as director at Ray White Park Coast.
It’s the rate that stops the nation. The Reserve Bank of Australia (RBA) has revealed its cash rate decision for November 2021.
From 1 November, banks must ensure that new home loan applicants would be able to repay their mortgage at a new rate – so what will this actually mean for would-be buyers?
The chief of a banking industry body has warned any further lending controls APRA decides to implement has the potential to choke competition.
Victoria has opened up an existing rebate for energy-efficient heating and cooling units to give landlords of residential properties access.
The majority of brokers remain doubtful that APRA’s buffer rate change will accomplish its intended effect, according to a new Hashching survey.
An internal appointment has seen the elevation of Harcourts Australia’s chief executive of growth to the top role.
The value of new home loans fell by 1.4 per cent in September, dragged mostly by a 2.7 per cent drop in the owner-occupier segment.
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