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The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 25 November.
Welcome to The Adviser’s weekly round-up of 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:
NSW land tax could lower serviceability, broker warns
The additional expense from property tax could affect borrowing power for first home buyers, Shore Financial chief executive has warned.
Calls to redesign mortgages to prevent financial abuse
There are calls to redesign home loan products to prevent or minimise financial abuse.
Almost 1 million to face housing stress in 2 decades
Demand for affordable housing will increase more than 50 per cent by 2041 in many parts of Australia, research done by the UNSW City Futures Research Centre for the Community Housing Industry Association revealed.
Small lenders overtake big banks in NSW mortgage market
Some smaller lenders have managed to increase their new mortgage volumes over the past 12 months, according to new research.
Former officer in effective control faces scrutiny for 105k trust account breach
Yet another former Victorian agent has been charged with misappropriating more than $100,000 in clients’ funds.
NSW to get upper hand over other states from historic stamp duty reform
Experts claim that NSW’s first home buyer law and stamp duty reform will shift the market’s direction in the coming year and give the state an edge over other regions.
Real estate agents hit near bottom of latest ethics index barrel
How ethical are real estate agents in the public’s eye? The results are in, with the property industry far from being the cream of the professional crop.
Regional FHBs come out in droves in support of government scheme
Since its introduction earlier this year, the Albanese government’s Regional First Home Buyer Guarantee scheme has assisted numerous Australians into home ownership.
[RELATED: Hot Property: The biggest property headlines from week 14-18 November]
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