October 2024 Property Market Update

Dear Client SA’S RENTAL CRISIS EASES … FOR NOW? SA’s rental crisis eases … for now – realestate.com.au South Australia’s property market continues to buck the national trend, as new data reveals Adelaide is one of just three cities where the rental crisis actually eased over the past month.   According to PropTrack’s latest Market…

Read more

Federal Budget 2024: What’s In It For Property?

With property and housing front and centre of political, social and economic debate so far in 2024, Treasurer Jim Chalmers has delivered his hotly anticipated federal budget for 2024–25 to Parliament. Walking a fine line between delivering cost-of-living relief without adding to inflation, the Treasurer sought to assure Australians in his 2024-25 budget address that…

Read more

RBA Delivers March Cash Rate Decision

Dear Client RBA DELIVERS MARCH CASH RATE DECISION It’s the first-rate decision to be handed down outside of the previous ‘first-Tuesday-of-the-month’ announcement pattern.    In its second meeting for 2024, the Reserve Bank of Australia (RBA) has opted to hold the cash rate at 4.35 per cent.    The decision to keep the cash rate…

Read more

CHANGES TO THE RESIDENTIAL TENANCIES ACT

Dear Client   CHANGES TO THE RESIDENTIAL TENANCIES ACT   REISA lobbies Labor Party   The State Government is seeking reform, issuing rolling changes to the Residential Tenancies Act 1995 & REISA is campaigning the SA Government to seek full visibility over these rolling reforms.   REISA has forwarded a comprehensive submission to the Government…

Read more