Hot property: The biggest stories this week 6

By Grace Ormsby 18 March 2021 | 1 minute read

As we march towards the nationwide rollout of the COVID-19 vaccine, there’s a sense of optimism in the air: Here are the biggest property stories of the week.

The biggest stories this week

Welcome to SPI’s weekly round-up of the headline stories and news that are important for the state of property in Australia.

To compile this list, not only do we consider the week’s most-read stories and the news that matters to you, but we curate it to include stories from our sister brands that also have an impact on the Australian property landscape.

1. Why strategic patience is a key component of investing

Owning an investment property is far from “rosy”, an expert has explained, noting that strategic patience is a key component of investing.

2. Top 10 Aussie cities foreign buyers are enquiring about

New research has identified the top 10 Australian cities foreign property buyers have their eye on.

3. 83-year-old agency aims for ‘superbrand’ status

An independent Queensland agency that’s survived a world war, recessions and now a pandemic has made the decision to align itself with one of Australia’s most well-known real estate brands.

4. New board revealed for NSW network

Just two months after revealing its members had banded together to buy in to the business, a NSW boutique real estate network has announced a new-look board.

5. Why these top-ranked directors still get their hands dirty

Even though they are at the helm of one of Australia’s most successful real estate offices, these business owners have never hung up their agent caps.

6. NAB announces new head of broker

The major bank has announced its new executive, broker distribution, filling the void left by the departure of Steve Kane.

7. ‘Strong reservations’ with ASIC’s ‘overreaching’: FBAA

While welcoming the Senate committee’s position on removing RLOs and extending BID, the managing director of the FBAA has raised “strong reservations” with how ASIC would regulate the industry moving forward.

8. Third-party originated loans rise 28%: APRA

More than $69 billion of new residential loans at the banks were originated by the third-party channel in the December 2020 quarter, new APRA stats show.

9. International students key to unlocking PerthPerth, TAS Perth, WA’s CBD revival

The Property Council of Western Australia is demanding government support to reactivate Perth’s reputation as a university city, with the aim to revitalise the CBD and progress the overall recovery of the state’s economy. 

 

RELATED TERMS

Property

Property refers to either a tangible or intangible item that an individual or business has legal rights or ownership of, such as houses, cars, stocks or bond certificates.

About the author

Grace Ormsby

Grace Ormsby

Grace is a journalist across Momentum property and investment brands. Grace joined Momentum Media in 2018, bringing with her a Bachelor of Laws and a Bachelor of Communication (Journalism) from the University of Newcastle. She’s passionate about delivering easy to digest information and content relevant to her key audiences and... Read more



Hot property: The biggest stories this week 6
The biggest stories this week
spi logo

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.