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Calls for the rate hiking cycle to halt, updates to NSW’s first home buyer scheme, and is the Reserve Bank of Australia up for a dressing down? Here are the biggest property and real estate stories from the past week.
Welcome back to REB’s weekly round-up of 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 curate this life, not only do we consider the week’s most-read stories and the news that matters most 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 stories of the week:
With the RBA’s first rate decision of the new year due next week, one real estate heavyweight called for Australia’s central bank to temper consecutive rate hikes until the full financial ramifications of last year’s escapades are understood.
Pending victory in the upcoming state election, the NSW government proposed allowing domestic violence survivors who are already home owners to be reclassified, allowing them to access the scheme.
Australia’s declining real estate market has shown initial signs of easing according to the research firm’s latest data.
The Federal Treasurer, in a recently penned essay, has announced altering the central bank is on the cards. Find out how he intends to do it here.
A decision by the Chinese government to change which overseas degrees it recognises, Australia’s student accommodation market is bracing for a major influx of students from the world’s most populated country.
Find out which suburbs amassed the greatest value of total sales across the country last year, despite prices declining for much of it.
Could friendship be the facilitator for a new generation realising the great Australian dream? Research from the big four bank suggests this could be on the cards as young Aussies search for entry points into the property market.
After a turbulent 18 months, what factors will drive the market back to ‘normal’?
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