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ISCOVER
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 1 April.
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.
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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...
Unpacking the latest federal budget – and what the government has in store for mortgages and property in an election year.
Does the federal budget go far enough on affordability?
Following the release of the federal budget 2022-23, industry players have been outlining their thoughts on the housing affordability measures.
Labor pledges support for 10k regional home buyers
With a federal election looming, the Labor Party has unveiled part of its plan to tackle Australia’s housing crisis.
Australia’s boom-time run ‘has come to an end’: Tom Panos
The coach, auctioneer, and trainer has said that the incredible boom-time market of the past two years has now come to an end – and agents need to be truthful about it.
3 years’ jail for Qld agent who gambled with trust funds
A Broadbeach agent will spend time behind bars after he misappropriated more than $100,000 in trust money.
Negative gearing not going anywhere
Both major Australian political parties have pledged a commitment to retain negative gearing should they be elected into power at the upcoming federal election.
PMs leaving profession due to ‘verbal and physical abuse’: REIQ
For a subset of industry professionals, the last few years have been characterised by “an unrelenting onslaught of challenge after challenge”, according to one of the nation’s peak real estate bodies.
Lenders warned coastal risk threatens $24.9bn in homes
Research from CoreLogic has cautioned increasing storm surges and coastal erosion will threaten almost $25 billion in residential property, with expected knock-on effects for the mortgage industry.
[Related: Hot Property: The biggest property headlines from the week 21-25 March]
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