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ISCOVER
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 27 August.
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.
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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.
SMEs need early super, says senator
A senator has argued for reopening the superannuation vault for early withdrawals, to help small businesses suffering through lockdown.
Government opens up criteria for SME Recovery Loan Scheme
The eligibility for the SME Recovery Loan Scheme has been expanded again to help assist SMEs dealing with the impacts of COVID-19.
Detached home starts to decline in 2022: HIA
New home commencements could fall from mid-2022 due to stalled population growth, even if migration increases, according to a new report.
Broker numbers are rising: FBAA
There are more credit representatives and licensees identifying as brokers, data released by the broking association suggests.
NSW cans strata building pet bans
Furry friends will be more welcome in NSW strata schemes from 25 August, after the state government’s introduction of new laws to overturn “blanket bans” on pets.
Chairman tips ‘the biggest property boom in history’
The best is still yet to come, according to Raine & Horne executive chairman Angus Raine, even after the group reported two of its best trading months ever.
ASX-listed McGrath Ltd has revealed an $18.3 million boost to its net profit after tax in its full-year results announcement.
Singapore is now the largest foreign investor in Australian property market
Singaporean investors have increasingly moved to fill the gaps in Australia’s property landscape left by the recent exodus of Chinese foreign investment.
Industry outsider to spearhead network’s strategic growth
A former tech unicorn’s head of growth will be tasked with driving the strategic growth of one of Australia’s biggest real estate brands.
Housing markets brace for ‘tricky’ territory, but a rapid snapback could be on cards
Housing markets are entering tricky territory, according to Westpac, as affordability constraints surface.
[Related: Hot Property: The biggest property headlines from the week 16 to 20 August]
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