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RBA’s final FY24 call, trust account misuse, and the new taxes targeting property in NSW.
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 ongoing speculation about this year’s interest rate trajectory, the Reserve Bank of Australia (RBA) has delivered its final cash rate call for FY24.
Having used nearly $30,000 of settlement funds for her own personal expenditure, a Western Australian woman has been permanently banned from working as a settlement agent.
Major bank economists are tentatively continuing to call a November rate cut, but the risks of a later start to the easing cycle are mounting.
With NSW home to the capital with the highest median home price in the country, the cost of housing has been an issue that many hope to see mitigated in the 2024–25 state budget.
The state’s 2024–25 budget will include an $8.4 million rental taskforce to crack down on “bad behaviour from dodgy agents and owners”.
The proptech giant has a new strategic collaboration with Australia’s largest bank.
National home sales fell during May following the changes to the National Construction Code.
With the stage 3 tax cuts soon to come into effect, Aussie Home Loans has revealed new research analysing its potential effect on borrowing capacity.
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