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An agency to pay $800,000 in damages for a house fire, the RBA hands down its March decision, and Aussie mortgage rates increase faster than their international counterparts.
Welcome to REB’s weekly round-up of headline stories that are important to both the real estate sector and the 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:
A Northern Beaches home that burnt down while an agent was preparing for an open home to sell the property has resulted in the agency being found liable for negligence.
It’s the first rate decision to be handed down outside of the former first-Tuesday-of-the-month announcement pattern.
A Perth construction company’s registration has been cancelled on financial grounds, leaving 13 projects unfinished.
Commercial property stamp duty will soon be abolished in Victoria, as new legislation is introduced to bring in a new property tax instead.
Consumer Affairs Victoria is pursuing court proceedings against a north-eastern agency for alleged underquoting during a recent sale.
Long known as a honeypot for investors after high rental returns, Darwin is set to benefit from a $16 billion infrastructure pipeline.
Outstanding mortgage rates have increased faster than their global counterparts despite having one of the lower cash rate increases.
The national network has named a new leader to spearhead their “ambitious” growth aspirations.
The service, aptly titled Bondable, aims to shake up Australia’s rental industry and consumer experience.
Tight incomes, high interest rates, and cost-of-living struggles have not deterred over half of would-be home buyers, the major bank’s survey has found.
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