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Property news you need to know: The week ending 26 September

23 SEP 2021 • By Reporter • 3 min read • Hotspots

Smart Property Investment is pleased to present a weekly round-up of the biggest stories across property, investment, real estate, and finance, with thanks to Momentum Media.

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Here are the biggest stories for the week ending 26 September 2021:

  1. 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.

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  1. :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. 

  1. 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.

  1. 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.

  1. 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.

  1. 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. 

  1. 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.

  1. 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.

  1. 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”.

  1. 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.

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RELATED TERMS

Investment
An investment is an asset or item purchased with the expectation that it will generate income or appreciate in value in the future.
Mortgage
Mortgages are loans that are used to buy homes and other real estate where the property itself serves as collateral for the loan.
Real estate
Real estate is a type of real property that refers to any land and its permanent improvement or structures that come with it, whether natural or man-made.
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