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The Latest Breaking News on Real Estate

We know rate hikes lead to higher mortgage payments – but they affect Australia’s economy in myriad other ways

What prompted the RBA’s Cup Day interest rate decision? The answer in a word is inflation far exceeding expectations

The Guardian - AU

Afternoon Update: interest rates hit 12-year high; pro-Palestine protest at Melbourne Cup; and 18th-century love letters

Reserve Bank lifts cash rate by 25 basis points to 4.35%

The Guardian - AU

Australian central bank lifts benchmark cash rate to 4.35% with 13th hike

Australia’s central bank has lifted its benchmark interest rate for the first time since June with a quarter percentage point hike that brought the cash rate to a 12-year high of 4.35%

The Independent UK

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RBA interest rates: Reserve Bank hikes cash rate by 25 basis points to 4.35%

Quarter-point increase to the cash rate will add roughly $100 to monthly repayments for a standard mortgage of about $600,000

The Guardian - AU

Speeches and grandstanding: Trump scores few if any legal points in court

Former president’s testimony was reminiscent of his rallies – and Judge Engoron was having none of it

The Guardian - US

Expert: Trump "admitting to more fraud"

Former prosecutor warns result of trial will be "disastrous for Trump"

Salon

Trump fraud trial testimony: what we learned so far

Donald Trump is threatened with being thrown out of court and says he was too busy as president to review financial documents

The Guardian - US

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Will the government abolish leaseholds? Everything you need to know ahead of the King’s Speech

Michael Gove once said the leasehold system "needs to go", so what can the millions of households living under it expects from Charles’ first King's Speech?

Evening Standard

Why isn’t Christine Quinn on Selling Sunset season seven?

The reality star left the Oppenheim Group in April 2022

The Independent UK

Cup day rate hike extends finishing line for borrowers

Mortgage-holders have been hit with another interest rate rise as the Reserve Bank intensifies its fight against inflation.

AAP

Red-faced Trump rages at judge during historic fraud trial testimony

The former president’s attorneys are ordered to ‘control’ him for his evasive answers

The Independent UK

Concern over impact of 'unprecedented development' on south-west London's transport

A petition warns that the area already struggles with 'regular and serious levels of traffic congestion'

Evening Standard

Realty Income (O) Pre-Earnings Analysis: A Retail REIT Stock to Watch?

Realty Income (O) will report third-quarter results later today. Its FFO and revenue are expected to increase year-over-year. Should investors be adding the retail REIT stock to their watchlists? Read on to learn my view….

StockNews.com

Almost half of Australian mortgage holders under financial stress as RBA tipped to raise rates again

Record level of stressed households as all but four of 39 economists in survey tip Melbourne Cup Day hike

The Guardian - AU

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news in one place.

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The Guardian - US

Trump claims financial statements at heart of $250m fraud trial are ‘worthless’

Former president takes stand in New York Trump Organization trial as judge asks lawyer to ‘control your client’

Creative Bloq

8 of the best real estate logos include some surprisingly fresh design

Check out the best real estate logos, right here.

The Guardian - AU

Greens’ proposal to slap Brisbane landlords who hike rents with big tax bills faces backlash

Policy touted by Greens as effective rent freeze criticised by economists, real estate body and political opponents

The Guardian - AU

Afternoon Update: Albanese to meet Xi; two boys killed in Sydney crash; social media influencers create AI clones for content

PM says he is looking forward to ‘constructive dialogue’ with Australia’s ‘most important trading partner’

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WhatToWatch

Yellowstone season 2 episode 2 recap: Rip's sacrifice

In Yellowstone season 2 episode 2, Rip makes a big sacrifice for John, while Beth starts buying up land to protect the ranch.

The Independent UK

Decade-low mortgage growth forecast amid high mortgage costs and sluggish demand

Significant cost-of-living pressures continue to affect households’ ability to spend, according to EY ITEM Club.

The Hindu

YSR initials added to the name of a flagship rural housing scheme is costing Andhra Pradesh dearly

Andhra Pradesh's decision to add YSR Congress' initials to PMAY-G scheme has resulted in Union Finance Ministry putting a hold on ₹4,000 crore funds. Despite State agreeing to remove branding, funds have not been released. Monitoring team dispatched to check if State has removed YSR initials.

The Guardian - AU

Greens threaten Brisbane landlords with huge rates rises if they increase rents

Greens unveil policy designed to freeze rents at January 2023 levels in battle for Brisbane city council

The Guardian - UK

Hundreds seek council help every day in UK youth homelessness crisis

Exclusive: Centrepoint research shows a third are not assessed or cannot get through on helplines

The Guardian - US

Trump trial nears end as prosecutors confident he ‘didn’t have the goods’

The former president will take the stand in Manhattan on Monday – and the future of his corporate empire is at stake

The Guardian - UK

Labour promises rapid housing action after ‘years of Tory paper promises’

Angela Rayner says party’s housing recovery plan will enact reforms delayed by Tories since 2019 manifesto commitments

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