Property news you need to know: The week ending 12 September

1. REIV runs newspaper attack on Dan Andrews

Full-page ads decrying the Victorian Premier’s stance on real estate closures are being circulated across major metropolitan newspapers today, courtesy of the Real Estate Institute of Victoria (REIV).

2. RBA reveals September cash rate

Spring may have arrived – but has the promise of warmer weather and a path out of lockdown swayed the Reserve Bank of Australia (RBA) away from its record low cash rate?

3. APRA watches for lockdown impact on mortgage rise

The housing market boom and economic rebound grew loan books in the three months to June, but APRA has warned the ongoing lockdowns have made the outlook “uncertain”.

4. AUSTRAC flags broker fraud among banking risks

The regulator has warned the banks they have high exposure to criminal activity, while reporting cases of broker-facilitated loan fraud.

5. 70% vax rate will see Victoria ease real estate restrictions

The Victorian government has announced its intentions for a more lenient policy on house inspections and construction as its lockdown continues.

6. Refinances hit record highs in August: PEXA

Refinance levels surpassed the previous record set in 2020 to reach a new high in August 2021, according to PEXA.

7. Vaccination the only way: Victoria says ‘let’s get it done’

As the state looks to get back to business, a number of Victorian leaders have united with the Real Estate Institute of Victoria (REIV) to deliver an important COVID-19 vaccination message.

8. Revealing Australia’s Top 50 Agents by state

This new state-based ranking comes at a time when property markets across Australia are seeing record-breaking results.

9. Brisbane property market update August 2021

This month started with the short sharp lockdown throughout Brisbane, so buyer and seller activity stalled until the second week of the month.