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First home buyers are the big winners in this year’s federal budget as the end of a golden era for property approaches: here are the biggest property and real estate stories from the past week.
Welcome to REB’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.
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:
Unpacking the latest federal budget – and what the government has in store for property in an election year.
Following the release of the federal budget 2022-23, industry players have been outlining their thoughts on the housing affordability measures.
The coach, auctioneer, and trainer has said that the incredible boom-time market of the past two years has now come to an end – and agents need to be truthful about it.
A Broadbeach agent will spend time behind bars after he misappropriated more than $100,000 in trust money.
With a federal election looming, the Labor Party has unveiled part of its plan to tackle Australia’s housing crisis.
Both major Australian political parties have pledged a commitment to retain negative gearing should they be elected into power at the upcoming federal election.
For a subset of industry professionals, the last few years have been characterised by “an unrelenting onslaught of challenge after challenge”, according to one of the nation’s peak real estate bodies.
Research from CoreLogic has cautioned increasing storm surges and coastal erosion will threaten almost $25 billion in residential property, with expected knock-on effects for the mortgage industry.
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