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The biggest real estate news – the week ending 26 May 2024

By Staff Reporter
24 May 2024 | 5 minute read
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The nation’s top performing agents are revealed, the Commonwealth Bank shakes up its home loan offering, and ASIC issues a warning over hardship support.

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. CBA launches direct-to-consumer refinance product

The major bank is set to launch a new, more affordable refinance option, available exclusively to borrowers online.

  1. Lenders need to do better on financial hardship assistance: ASIC

The regulator has warned lenders that it will take enforcement action if they do not improve their financial hardship assistance services.

  1. Australia’s top 100 agents unveiled in REB ranking

Now in its 13th year, the Top 100 Agents 2024 ranking and report have recognised agents across the nation who have achieved strong sales numbers, carved a local presence in their area, and gone above and beyond for their clients.

  1. SA warns of ‘insidious’ home construction scam

The state reports that multiple consumers have been duped out of tens of thousands of dollars already.

  1. New home sales surge ahead of regulation deadline

New rules to ensure that homes meet high standards of energy efficiency are having a noticeable impact on where and when Australians are choosing to build homes

  1. Mortgage holders ‘worse off’ under Labor: Opposition

Peter Dutton has lambasted the Albanese government over the state of housing following the budget release.

  1. Why this real estate agency styled their shop like a Prohibition whisky bar

In one Brisbane real estate office, clients come in for a drink and stay for the top-quality sales team.

  1. 10 goldmine destinations for Airbnb investors

From the city to the coast, Australia is a treasure trove for short-term rental owners who know where to look.

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