The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 12 December.
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:
Further rate cuts ‘not needed’: RBA governor
Hopes of further easing have been quashed by the governor of the central bank, who has confirmed that “additional cuts are not needed”.
RBA makes final rate call of the year
The Monetary Policy Board of the central bank has revealed its final cash rate decision of the year.
No Christmas present expected from the RBA today
The market is generally expecting the Reserve Bank of Australia (RBA) to hold the cash rate steady today, but expectations are mounting that the next rate movement may be up.
What’s Making Headlines – controversy with the Help to Buy scheme
Welcome to The Adviser’s What’s Making Headlines podcast, your go-to source for the week’s biggest stories in finance and real estate, distilled into bite-sized insights.
Experts slam 50-year loans: ‘More risk, less reward’
As Australia prepares for another cash rate hold, experts have rejected the controversial idea of a 50-year mortgage, which would further increase property prices rather than improve affordability.
Home owners unprepared for high-risk holiday season
Australian property owners who skip summer maintenance and leave their homes unsecured could watch their next deposit fly away in expensive repairs and sky-high insurance claims.
Rent tech ruse: Almost half of Victorian renters exposed to unnecessary data risks and expenses
A new report has found that almost half of renters in Victoria are exposed to data risks and hidden expenses from being forced to use specific digital platforms or apps as part of their tenancy.
$66k penalty warning: Real estate agencies under OAIC privacy review
The Office of the Australian Information Commissioner (OAIC) is set to conduct a targeted review of businesses’ privacy policies, including a focus on real estate agencies, to ensure compliance and transparency.
[Related: Hot Property: The biggest property headlines from the week 1–5 December]
