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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 2 June.
Welcome back to The Adviser’s weekly round-up of headline stories and news that are important not only for the real estate sector but also for the state of Australian property 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 most to you, but we also curate it to include stories from our sister brands that also have an impact on the Australian property landscape.
Here are the biggest stories of the week:
The fixed-rate cliff arrives
The bulk of super-low fixed-rate loans will be expiring over the next few weeks onto much higher revert rates, but APRA has again reaffirmed that its 3 per cent buffer remains appropriate.
Dwelling approvals hit ‘lowest level’ in over a decade: ABS
Building approvals in Australia have witnessed a significant drop for the month of April 2023, exceeding economists’ predictions.
‘Concrete evidence’ of rate hike impact: Economists
Weakening economic indicators and rising mortgage debt reduce probability of further rate increases, economists have discussed.
Moving goalposts: How 2 NRL stars led this agent down a new career path
Selling real estate isn’t the be-all and end-all of a property transaction, as this business owner has discovered following his work with two high-profile sports stars.
Lessons from 4 real estate ‘GOATs’
Speaking at the 25th instalment of the Australasian Real Estate Conference (AREC), four titans of Australian real estate industry collided to reveal the secrets driving their success.
Trust fund scam swindles agent and conveyancers out of $100k+
Property professionals are being advised to exercise extra vigilance following a bank impersonation scam that collectively duped three Western Australian real estate and settlement agents out of over $100,000.
The greatest takeaways from AREC day 1
Australia’s biggest real estate conference AREC has kicked off for 2023 and REB is in attendance to keep you up to date on all the major talking points from the momentous two-day festival of real estate.
Australia’s biggest real estate conference AREC has kicked off for 2023, and REB is in attendance to keep you up to date on all the major talking points from the momentous two-day festival of real estate.
[RELATED: Hot Property: The biggest property headlines from week 22-26 May]
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