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The biggest real estate news – the week ending 19 May 2024

By Staff Reporter
17 May 2024 | 6 minute read
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2024 budget lands, investor opportunities, and the path forward for the RBA.

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:

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  1. Federal budget 2024: What’s in store for real estate?

With property and housing front and centre of political, social and economic debate so far in 2024, Treasurer Jim Chalmers has delivered his hotly anticipated federal budget for 2024–25 to Parliament.

  1. What’s in the government’s $11.3bn ‘Homes for Australia’ plan?

Prime Minister Anthony Albanese has announced his big budget line items to tackle Australia’s housing crisis.

  1. Investors look to Qld, WA, and NSW for opportunities: API

A new report has said which Australian states property investors are turning to for the best investment opportunities.

  1. Will the budget affect the timeline on rate cuts?

With the federal government revealing the budget 202425, bank economists have analysed how this may determine the RBA’s attitude towards interest rates.

  1. Brokerage research highlights financial pressures among mortgagors

Data from a major brokerage has revealed the extent of the cost-of-living crunch on mortgage holders.

  1. The catalyst that led this 26-year-old to amass a $4.6m portfolio

For one Adelaide tradie, an unexpected health crisis was the impetus for a more intentional life.

  1. 15 markets primed for first home buyers

A new report has highlighted the areas in which changing market conditions render affordability within reach.

  1. How does commission-only employment work?

Commission-only employment is unique to the real estate industry and is an attractive way to engage appropriately qualified staff. But the rules surrounding this form of employment can be confusing.

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