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Home buyer sentiment at a three-decade low, Mark Bouris weighs in on the RBA’s inflation target and a post-pandemic property health check.
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 Australian property 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 also 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:
After more than 25 years, the business and finance expert believes it’s time for Australia’s central bank to update its inflation target to one he believes is more “realistic.”
Bob Hawke was prime minister last time home buyer sentiment was as low as it currently is.
The number of available Australian rental properties is half the volume reported prior to the pandemic, according to new PropTrack research.
As the nation approaches the three-year anniversary of the first COVID-19-induced lockdown, CoreLogic analyses the data and poses the question: Has the market returned to normal?
The major bank has been penalised $10 million by the Federal Court in relation to its Home Loan Introducer Program.
Despite CoreLogic reporting a consistent cooling of Australia’s housing market decline since the back end of last year, new research from the firm has warned that the end of the cycle may not be near.
AMP’s chief economist Shane Oliver has forecast that prices will fall further this year, stating the current stabilisation is likely just a “blip”.
The mortgage broking veteran has slammed the government for taxing businesses that employ Australians.
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