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Hot Property: The biggest property headlines from the week 31 January to 4 February

by reporter10 minute read
Hot Property: The biggest property headlines from the week 31 January to 4 February

The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 4 February.

Welcome to The Adviser’s weekly round-up of the headline stories and news that are important not only for the mortgages sector, but also for the state of property in Australia more broadly.

To compile this list, not only do we consider the week’s most-read stories and the news that matter to you, but we curate it to include stories from our sister brands that also have an impact on the Australian property landscape.

Here are the biggest property stories of the week:

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‘It’s always hard to buy your first home’: Scott Morrison

Prime Minister Scott Morrison has acknowledged that it is “terribly hard” for people to own their own home, as house prices continue to hit new records.

McGrath CEO to resign

The ASX-listed network has announced that Eddie Law will be stepping down from his role with the company.

WA real estate agent sent to jail over GST claims

A Western Australian real estate agent has been sentenced to three years in jail over fraudulent GST claims.

‘Creative financing’ needed for home ownership: Stephen Jones MP

“Creative financing and ownership model solutions” are needed to help more Australians afford homes, according to the shadow minister for financial services and superannuation.

NSW’s most ‘overvalued’ and ‘undervalued’ towns revealed

Coastal towns in NSW where property values have been driven up by the high demand from sea changers could experience further property price growth, according to new research. 

Ex-Compass director returns Down Under

A marketing expert who has served stints at New York City-headquartered Compass real estate and money transfer company XE has been lured back to Australia by a megabrand.

HIA recommends First Home Loan Deposit extension

Australia’s peak residential building association said the First Home Loan Deposit has “proven to be highly successful” and should be extended to help combat housing affordability and supply issues, announced ahead of the federal budget.

RBA makes first cash rate call for 2022

Amid speculation of rising interest rates, the Reserve Bank of Australia (RBA) has made its first cash rate call for 2022.

The regions giving the capital cities a run for their money

Regional areas have always held an allure for metro-dwelling Australians who picture leaving the city for a slower lifestyle and more affordable cost of acquiring a home.

[Related: Hot Property: The biggest property headlines from the week 24-28 January]

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