The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 24 September.
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 matter to you, but we curate it to include stories from our sister brands that also have an impact on the Australian property landscape.
Stamp duty, supply blocking housing affordability: REA
Reforming stamp duty, increasing housing supply and further extending home-buyer assistance would help housing affordability, according to REA Group.
RBA rings alarm on high debt levels
Risks to financial stability could be building as house prices and debt levels keep rising, the Reserve Bank has cautioned.
CBA’s new digital mortgage to be offered direct
The major bank has confirmed that its new digital home loan product, Unloan, will be “focused on digital direct distribution to start with”.
ANZ CEO sceptical of newer lenders
The big four boss has voiced some scepticism around newer players in lending and how they present their products.
:Different raises $25m, partners with big 4 bank
The Commonwealth Bank of Australia (CBA) is throwing its support behind the property management business after its successful Series B fundraising.
Population growth dives to 100-year low: Why it’s worrying
New ABS data has revealed that Australia’s population has grown by just 0.14 per cent over the past 12 months.
2 new partnerships bolster One Agency’s offering
With COVID-19 changing many people’s priorities, One Agency has announced it’s now offering two new services to better meet business demand.
Queensland reaps rewards of remote work boom
The lifestyle shift that’s seeing many Australians trade up for properties better suited to working from home has been touted as a “race for space” by a property expert.
Raine & Horne ramps up Victorian presence with 6 new offices
Hundreds of days in lockdown haven’t stopped this network from adding to its Victorian presence in a big way.
Aussie property prices are rising like it’s 2003: Report
Australia just recorded its highest rate of annual price growth since 2003, at 16.4 per cent.
[Related: Hot Property: The biggest property headlines from the week 13-17 September]