The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 29 August.
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 property stories of the week:
Government announces reform package to combat housing crisis
Following last week’s Economic Reform Roundtable, the federal government has announced a range of reforms aimed at addressing the housing crisis.
RBA hints at more rate cuts this year
The central bank has described its monetary policy stance as “somewhat restrictive” in its latest meeting minutes.
Bankers think home ownership is getting harder for young people
The vast majority of banking and finance executives believe the property dreams of young Australians could be drifting further away, according to a new survey.
Industry reacts to Home Guarantee Scheme expansion
The MFAA and FBAA have welcomed the eagerly awaited expansion of the Home Guarantee Scheme, with the start date brought forward and property price caps increased.
Sydney’s top 10 suburbs set for spring growth
A new State of Sydney Report by Shore Financial has identified the Sydney suburbs they expect to see the biggest growth returns in the next six months.
SA agents barred from requesting irrelevant personal tenant details
South Australian agents and landlords will be barred from requesting irrelevant personal information from prospective tenants as the state moves to protect renters’ privacy further.
70k first home buyers set to flood the market from October
Property demand is set to soar with 70,000 first home buyers expected to hit the market from 1 October, under the accelerated government’s First Home Guarantee scheme.
Rising population drives industrial and commercial property surge
Migration to regional communities has pushed up demand for commercial and industrial infrastructure, according to a construction firm.
[Related: Hot Property: The biggest property headlines from the week 18–22 August]
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