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Hot Property: The biggest property headlines from the week 18-22 October

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Malavika Santhebennur 6 minute read

The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 22 October.

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.

Lender BDM ratings reach new record high: Broker Pulse

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Brokers have rated the support offered by lender business development managers at its highest level yet, according to the latest Broker Pulse survey.

­Brokerages to integrate as one brand

Mortgage Choice and Smartline will operate under one brand, effective in 2022, according to the REA Group.

Home loan delinquencies to creep up: Moody’s

Mortgage delinquency rates are tipped to increase moderately over the rest of the year, with Moody’s expecting economic aftershocks to linger from the lockdowns.

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RBA unwavering on monetary targets

The central bank has refused to budge from its inflation target range and time frame to raise rates while acknowledging that less accommodative monetary policy could curb house price and credit growth.

New leaders to guide MyState into battle

As the new chief and chair are handed the keys in 2022, they will be tasked with continuing the bank’s push for growth in the coming years.

NSW agent banned, slapped with $75k compensation order

A Milton property manager has been banned from working in the real estate industry and ordered to pay $75,000 in compensation after she pleaded guilty to stealing from clients.

It’s time property management seriously looked at an alternative to the trust account

Theft from an agency’s trust account is once again in the headlines, further damaging the reputation of the real estate industry.

‘The whole world’s going that way’: Why property management must keep up

Property managers would do well to stay up to date with the trends that are taking place across other industries, according to this chief executive.

Brisbane emerges as property powerhouse

Brisbane has solidified its position as a property market hotspot by reaching new record highs amid the pandemic, according to a new analysis.

Sydney to get ‘sugar hit’ from NSW reopening

The expected influx of travellers into NSW starting next month will give Sydney’s economy a much-needed shot in the arm, according to experts.

Key takeaways from the Treasurer

Property appears to be front and centre of the federal government’s economic agenda, so what should the real estate industry expect from the government in terms of economic recovery and the property sector?

Rebrand ‘raises the bar’ at Highland

It’s been nearly a decade-and-a-half since Highland Property Group hit the Sutherland Shire scene – and founder and chief executive David Highland said it’s now time for a rebrand.

[Related: Hot Property: The biggest property headlines from the week 11-15 October]

Hot Property: The biggest property headlines from the week 18-22 October
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Malavika Santhebennur

Malavika Santhebennur

Malavika Santhebennur is the features editor on the mortgages titles at Momentum Media.

Before joining the team in 2019, Malavika held roles with Money Management and Benchmark Media. She has been writing about financial services for the past six years.

 

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