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Another cash rate call, an agent under fire for trust account abuse, and new beginnings for high-performing agents.
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 discrepancy of over $180,000 was discovered after several buyers’ home deposits failed to be paid to the sellers.
A new business promises “to do things differently” in South Australia.
The ASX-listed real estate network is now searching for a new executive to lead the brand.
A memo from the NSW Premier Chris Minns has asked the state’s public servants to begin working primarily from offices as opposed to remotely.
It’s been seven weeks since the last cash rate call, with opinions varying on whether the next move would be a hold or rise. Now, the Reserve Bank of Australia has delivered its first decision of FY25.
Bullock has dashed any hopes of a rate cut by the end of the year, despite lingering expectations of a November cut.
Cost-of-living pressures are mounting for Aussies, culminating in a surge in people splitting bills.
The city’s market continues to run hot with Perth’s median house sale prices on track to achieve growth of more than 20 per cent over 2024.
Families with children looking to buy are bearing the brunt of the housing crisis, while one demographic is consistently coming out on top.
Mortgage interest charges have continued to impact employee household spending; however, some moderation is on the horizon, the ABS has shown.
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