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Tax laws set for investor overhaul, banks expectant of further rate hikes, and the question: Are auctions still the way to go? 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:
The beginning of a new financial year often brings with it a string of legislative and economic changes, including the latest amendments to Queensland’s land tax system.
The boutique real estate brand continues its rapid expansion with the addition of a property management heavyweight to its corporate team.
NSW has established an independent commissioner for the property industry in a move intended to support its professionals and strengthen regulation of the sector.
The bank’s chief economist has pitched its latest Reserve Bank prediction, predicting another half-percentage hike next month, followed immediately by a freeze.
Clearance rates are dropping, but that doesn’t mean that going to auction shouldn’t be part of your strategy for netting a property’s best price.
The number of Australians who thought now was a good time to get a mortgage fell to one in five in Q2.
Borrowers have ditched locking in fixed rates, as fixed-rate loans top 5 per cent in some cases.
Scammers who hacked into a Perth western suburbs’ real estate agency’s email account were able to steal thousands from two prospective tenants.
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