Tue, 17th Jun 2025
from Finance News Wrap Hosted by Paige Estritori
In this week's finance news, the Sydney and Melbourne property markets are resurging, with clearance rates in both cities crossing 70%, potentially due to anticipated interest rate cuts. However, the increase in Sydney's property listings may balance out the market boom despite favourable conditions. Additionally, Australian commercial real estate debt is drawing more international investors, particularly in industrial, logistics, and residential real estate sectors. The Australian Securities and Investments Commission (ASIC) has cautioned 18 social media influencers for offering unlicensed financial advice. Lastly, ASIC has launched a two-year IPO trial to possibly speed up the processes by a week, aiming to draw back public companies by allowing eligible firms to accept retail applications during the exposure period.n
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