Login
ISCOVER
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 20 May.
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 continue reading the rest of this article, please log in.
Looking for more benefits? Become a Premium Member.
Create free account to get unlimited news articles and more!
Looking for more benefits? Become a Premium Member.
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:
41.4% of income needed to service mortgage, finds report
More than two-fifths of a borrower’s income was needed to service mortgages in March 2022, after rising for the third consecutive quarter, according to new research.
PM promises early super for housing
The Liberal Party has pledged to allow first home buyers to use their superannuation savings for housing deposits, but the proposal has come under scrutiny.
Super for housing scheme is ‘limited’, industry warns
The Coalition’s proposed scheme that would allow borrowers to use their superannuation for housing deposits may not help too many first home buyers, lending players have cautioned.
RBA considered 40-bp cash rate rise
The Reserve Bank has revealed that it weighed up three different options for the size of the first cash rate rise in almost 12 years.
According to the network’s chief executive, “it’s time to introduce the next chapter of our story”.
Why tenants have worse odds than our next PM
The odds of either Scott Morrison or Anthony Albanese winning the upcoming election is at least 10 times greater than a renter getting the keys to their own home in the current marketplace, according to new analysis.
ATO to crack down on rental income inaccuracies this tax time
Rental property income and deductions will be among the most scrutinised items this tax time, according to the Australian Taxation Office (ATO).
New REIP partnership puts power behind data
A landmark new deal has seen Real Estate Industry Partners (REIP) enter into a joint venture with data powerhouse Valocity.
5 ways to better attract buyers through social media
As the property market enters new territory, there’s been a recent shift to attracting buyers rather than sellers – and agents need to be taking note.
[Related: Hot Property: The biggest property headlines from the week 9-13 May]
JOIN THE DISCUSSION