The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 5 June.
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.
RBA flags ageing, highly geared pockets in investor ranks
A small group of heavily indebted, multi‑property owners is emerging as a key vulnerability in Australia’s housing market.
Approvals soften as warning lights flash on housing targets
With approvals easing and completions well behind national goals, fresh data is pointing to a widening housing supply gap.
Inflation outlook ‘concerning’, warns RBA board member
With oil shocks piling onto already-heated domestic pressures, an outgoing RBA board member has said keeping inflation in check may demand tougher action for longer.
Young Aussies reset the rules of money, ING finds
Younger generations are pushing ahead with investing, side hustles, and flexible housing plans, according to new research from ING.
Renovation demand remains high despite rising cost pressures
Australia’s appetite for renovation has continued to grow despite fluctuating material and goods costs, as home owners look to add value to their properties.
Failed Dashdot business transferred ownership to Virgin Islands before collapse
ASIC documents reveal that the majority of Dashdot shares were sold to a British Virgin Islands company prior to its liquidation, leaving Australian customers stranded with limited prospects of recovering their funds.
Australia’s biggest housing markets see downturn
The housing market has taken a hit nationally, as median value growth loses momentum across the country, with Australia’s major capitals leading the decline.
SA puts FHBs front and centre with exclusive Australian-first precinct
The South Australian government has announced an Australian-first precinct, targeted exclusively at the first home buyer market.
[Related: Hot Property: The biggest property headlines from the week 25–29 May]
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