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Agent fined for selling wrong home, property professionals set to stifle money laundering, and the cash rate stays the same.
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:
Amid much speculation as to which way interest rates will go in 2024, the Reserve Bank of Australia (RBA) has shared its latest update to the cash rate target.
The mistake was not discovered until after the buyer had moved into her new home.
The so-called “tranche two” reforms have taken another step forward.
The National Housing Supply and Affordability Council has assessed Australia’s housing market in its inaugural State of the Housing System 2024 report.
The state has launched an independent review into Netstrata’s practices following allegations the firm was charging excessive fees and taking kickbacks.
A new incentive scheme for property owners to fill empty homes will be rolled out in Western Australia.
The state government has earmarked an additional $700 million for its shared equity home buying scheme for its final year.
Hackers are increasingly targeting home buyers to scam them out of their settlement funds, according to Slater and Gordon Lawyers.
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