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Hot Property: The biggest property headlines from the week 4-8 July

by snichols11 minute read
Hot Property: The biggest property headlines from the week 4-8 July

The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 8 July.

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 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: 

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Home loan support offered to NSW flood victims

Following major flooding and significant rainfall in NSW, lenders have begun offering impacted borrowers with support. 

RBA attempts to curb runaway inflation

The Reserve Bank has continued its approach to fight inflation with a second 50-bp cash rate hike.

Borrowers reach into savings buffer amid rate hike: Domain

With the cash rate tipping 1.35 per cent the increase in mortgage repayments will weigh on borrowers’ savings.

RBA hands down first FY23 cash rate decision

Amid widespread speculation of another significant hike, the Reserve Bank of Australia has revealed its cash rate decision for July 2022.

Qld director cops 3 years’ jail time for trust fund dishonesty

A former Rainbow Beach agent will spend time behind bars for the misuse of more than $200,000 in trust money.

Fixed v variable: Which is better in a rising rate environment?

With the Reserve Bank of Australia (RBA) anticipated to continue its monetary policy tightening well into 2023 even after a 50-bp rate hike on 5 July, should a home buyer lock in a fixed rate or go for a variable one for their home loan?

REIQ: Latest law reforms could lead to Qld investor exodus

New Queensland rental legislative reforms could have a damaging impact on the industry, according to the Real Estate Institute of Queensland (REIQ).

Brisbane property market update June 2022

It is not going to be a surprise to anyone that the Brisbane property market is starting to transition, following changes that have been observed in other markets around Australia over recent months. We are certainly seeing changes on the ground throughout the city. 

Tom Panos shares 3 predictions for FY23

With a new financial year now upon us, what can the real estate profession expect from the year ahead?

10 reasons it’s a good time to invest in WA

A new research report has enumerated the top reasons Western Australia should be on any property investor’s radar. 

[Related: Hot Property: The biggest property headlines from the week 27 June to 1 July]

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snichols

AUTHOR

Sam Nichols is a journalist at The Adviser and Mortgage Business.

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