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Hot Property: The biggest property headlines from the week 14-18 June

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Reporter 5 minute read

The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ended 18 June.

Welcome to The Adviser’s weekly round-up of the headline stories and news that are important not only for the real estate 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 matters to you, but we curate it to include stories from our sister brands that also have an impact on the Australian property landscape.

House price rise jeopardises economy: UNSW

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A report has called for a royal commission and the Reserve Bank to address soaring house prices, warning that the Australian property market is threatening the nation’s economic future.

Business credit defaults up by 9 per cent

CreditorWatch has suggested that Australia’s economic recovery has lost some momentum, as it has tracked a 9 per cent increase in credit defaults across businesses.

Brokerage head calls out ‘unacceptable’ turnaround delays

It is “unacceptable” that turnaround times in branches can be measured in hours yet brokers are “waiting weeks”, according to the managing director of a mortgage broking franchise.

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Lendi lays out post-merger strategy

Having wrapped its first month post-merger with Aussie, Lendi’s chief has given some insight into the company’s plans for the coming years.

Teachers Mutual halves home loan products

Teachers Mutual has unveiled a new streamlined home loan portfolio, slashing its previous six offerings down to three products.

Aussie cities make world’s ‘most liveable’ list

This year’s global liveability score has been strongly influenced by measures taken to stem the spread of COVID-19, with cities ranked according to how successfully they dealt with the pandemic. Perhaps unsurprisingly, New Zealand and Australia dominated the top 10.

Has hustling lost its cool?

Glorifying agents who work hard and play hard is a thing of the past, according to a leading real estate trainer.

5 tax-time tips for property investors

A tax-time mistake can be a costly one for Australian property investors, so here are some tips to help you navigate the devil in the details.

Dodgy agent crackdown continues

NSW Fair Trading has revealed it is continuing its blitz on the real estate profession, with fines of up to $22,000 on the cards.

How agents can prepare for the next downturn

With the boom cycle expected to end eventually, a CEO is urging agents to strengthen their businesses now — while “the sun is still shining”.

[Related: Hot Property: The biggest property headlines from the week 7-11 June]

Hot Property: The biggest property headlines from the week 14-18 June
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The not-to-be-missed Accountants Daily Strategy Day will travel through Melbourne and Sydney in August to equip accounting professionals with the latest industry updates and tips for modern practice management as well as the latest cutting-edge technology, processes, strategies and trends shaping the future of accounting. Visit the website for more information: www.accountantsdaily.com.au/strategy-day

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