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ISCOVER
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 24 March.
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:
International capital the key to affordable housing
The Property Council of Australia believes attracting global investment is essential if Australia is to address issues of affordable housing supply.
40% of FHBs to rely on family support: AHURI
Research conducted by AHURI has found that a large number of young home owner hopefuls are expected to rely on the bank of mum and dad.
Fixed-rate borrowers ‘unlikely’ to be changing spending behaviour: RBA
The surge in new fixed-rate loans written during the pandemic may cause the Reserve Bank to lift rates more aggressively due to a significant lag in the impact of monetary policy.
RBA considering pause in April
RBA members agreed on 7 March to consider a pause at next month’s meeting.
No-cause evictions banned in ACT
Years in the making, the ACT’s law banning no-cause evictions has officially faced a parliamentary vote.
Qld government rental cap proposal shows ‘no grasp on economics’: REIQ
State Premier Annastacia Palaszczuk has reportedly pledged to address the possibility of implementing a rental cap at a “meeting of government, industry, and advocacy groups next week.”
‘A real-life superhero’ becomes Coronis Group CEO
Andrew Coronis will be relinquishing the reins of the chief executive position, marking “a significant milestone” for the future of the group.
9 Sydney suburbs defy downturn with double-digit growth
The Sydney market may have been falling, but that hasn’t stopped several Sydney suburbs from bucking the trend in a big way.
Can interest-only repayments breathe life into the Australian market?
Mark Bouris has called on the federal government to allow astute borrowers ahead of their repayments to switch to interest-only payments to stimulate the property sector.
Has NSW’s rent bidding ban backfired?
The state’s peak real estate body believes the Perrottet government’s decision to implement the ban has been counterproductive to date.
[RELATED: Hot Property: The biggest property headlines from week 13-17 March]
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