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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 29 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...
Mortgage lending industry favours Liberal-National election win
The mortgage and finance lending industry thinks that a Liberal-National Coalition led by Scott Morrison is the preferred outcome of the federal election, according to a new survey.
Borrowers unable to get finance amid tradie shortage
A NSW North Coast broker has raised concerns many clients in flood-impacted areas are unable to get finance due to a shortage in tradespeople.
Australian property market: ‘Finally hit the wall’
Home loan activity declined sharply over February, driven by the significant falls in affordability as a consequence of booming house prices.
RBA will hike by 40 bps in June: Westpac
The central bank may hike rates substantially in June to combat rapidly rising inflation, the major bank has said in a new cash rate forecast revision.
ScoMo’s support from real estate sector wanes
The Prime Minister’s popularity with the real estate sector appears to have taken a dive, shifting 11 per cent in a new poll of the industry.
Meet the new brand doing away with ‘plug and play’
Another new real estate offering has popped up in Sydney, with its founder looking to fill what he sees as a gap within the profession.
The bank has doubled down on its prediction that house prices will decline by 10 per cent in 2023.
Property market update: Melbourne, March 2022
The autumn season didn’t bring just a chill in the air, but to Melbourne’s property market too – as the city’s dwelling values fell in March.
Housing supply, tax reforms urged ahead of election
A Sydney-focused think tank has called for the federal government to roll out a “real long-term strategy” to make housing more affordable.
[Related: Family benefit assessments 'unjust': Brokers urge reforms]
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