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How did the real estate industry react to the Reserve Bank of Australia’s (RBA) first cash rate decision of the year? Plus, does Australia possess enough affordable housing?
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 compile this list, 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:
Australia’s central bank met for the first time in 2023 earlier in the week, did they opt for a cash rate increase or pause?
The Property Council of Australia released a detailed report that dived into whether the country boasts adequate levels of affordable housing stock. So, is there enough to sustain the nation? And if not, how can governments act to ensure there is enough moving forward?
Hear what some of the property industry’s biggest players had to say about the RBA’s cash rate decision.
Find out which Australian banks moved the RBA’s cash rate decision onto its customers.
Looking towards the NSW state election, which some predict will be a renters’ election, calls for a rent freeze have been renewed, but would such a decision be enough to combat the state’s rental crisis?
Following a year of monumental price declines in 2022, one property group has forecast the market downturn to continue throughout this year.
Demand for new property has fallen drastically due to a myriad of conditions. However, one property expert also revealed how and why we have seen a fall in sellers in the market.
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