The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 8 May.
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.
Bullock admits cash rate hikes buy RBA ‘space’
The latest cash rate hike has pushed rates into “restrictive” territory according to Reserve Bank governor Michele Bullock, which she said provided the central bank with “space”.
RBA reveals latest cash rate decision
The Reserve Bank of Australia’s Monetary Policy Board has announced its May cash rate decision, as it responds to renewed inflationary pressures and a mounting global oil shock.
Borrowers’ buffers tested as another rate hike looms
Many recent and highly leveraged home owners are edging towards arrears, raising doubts about whether borrowers can weather fresh rate hikes.
WA extends housing lead as scorecard lays bare fault lines
A new national scorecard has shown Western Australia, Queensland, and South Australia powering the housing upswing, yet locking out many first home buyers.
Landlords see shift to long-term tenants
Landlords are set to benefit from a consistent cash flow as renters seek longer tenancies amid high market competition, with finding a property manager who understands strategy key to strong returns.
Third rate rise: Is the property market losing momentum?
What does another rate hike mean for the property market, as higher borrowing costs are set to cool demand, tighten lending, and slow price growth despite ongoing supply shortages?
Tassie landlords brace for wave of reforms
Tasmanian property owners are one step closer to facing significant rental reforms, as a slew of changes are set to be debated.
Property managers to rethink game plan as renters dig in
Renters have been reshaping the market, with property managers who generate strategies tailored to local markets and tenant demands achieving the best results for their clients.
[Related: Hot Property: The biggest property headlines from the week 27 April–1 May]
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