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The biggest real estate news – The week ending 14 January 2024

By Staff Reporter
12 January 2024 | 5 minute read
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Property watchers told to tattle, home buyers willing to stretch their budgets, and a “critical” year for housing.

Here is REB’s weekly round-up of headline stories that are important to the real estate sector and reflect the broader state of the Australian property market.

To compile this list, we consider the week’s most-read stories and the news that matters to you, collating your need-to-know property report from across our site and sister brands. Here are the biggest stories of the week:

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  1. Have property underquoters finally met their match?

A real estate agent and tech whiz have joined forces to combat price secrecy and increase market transparency.

  1. Bendigo Bank pulls back on Elders and Homesafe investments

In a significant shift in its investment strategy, the non-major bank has ended its relationship with Elders and divested its shareholding in Homesafe Solutions.

  1. Construction levels may not normalise until 2030

Despite a microscopic rise in building activity in November, an economist warns it could take “until the back half of the decade” to see a meaningful improvement.

  1. 53% of home buyers willing to take on higher mortgage

Surprising new research has found that one in two Australians would choose to take on a steeper interest rate if it meant owning their home more quickly.

  1. Call to lift stamp duty concession thresholds by $250k in Qld

The “lazy tax” needs an update in the Sunshine State, according to a prominent real estate CEO.

  1. Council rate increases to be capped in Victoria

The state government is looking to reduce pressures on household budgets over the coming two years.

  1. In a critical year for housing, will developers be the linchpin?

Australians know that home building must ramp up over the next 12 months. For that to happen, the participation of developers is key.

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