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Naughty agents, grave predictions on Australia’s housing stress future, and analysis on NSW’s stamp duty reforms: 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 landscapes. Here are the biggest property stories of the week:
Demand for affordable housing will increase more than 50 per cent by 2041 in many parts of Australia, research done by the UNSW City Futures Research Centre for the Community Housing Industry Association revealed.
Yet another former Victorian agent has been charged with misappropriating more than $100,000 in clients’ funds.
Experts claim that NSW’s first home buyer law and stamp duty reform will shift the market’s direction in the coming year and give the state an edge over other regions.
The additional expense from property tax could affect borrowing power for first home buyers, Shore Financial CEO has warned.
How ethical are real estate agents in the public’s eye? The results are in, with the property industry far from being the cream of the professional crop.
Since its introduction earlier this year, the Albanese government’s Regional First Home Buyer Guarantee scheme has assisted numerous Australians into home ownership.
Some smaller lenders have managed to increase their new mortgage volumes over the past 12 months, according to new research.
There are calls to redesign home loan products to prevent or minimise financial abuse.
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