The NSW Government has announced a plan to abolish stamp duty and replace it with a land tax, in a bid to make property transactions easier and help people move homes when they need to. Under the proposed changes, homebuyers in NSW will be able to choose between an ongoing land tax and paying stamp…
The decision to leave Australia for a long period is not an easy one to make. There are many things you’ll need to consider, and as you’ll soon learn, your responsibilities don’t automatically cease the moment you step onto foreign soil. If you’re currently living abroad, stay up to date with your tax obligations by…
If you own a home or are planning to buy property but might not occupy it for a certain amount of time over the course of a year, you might become liable to pay an annual vacancy fee, which can impact on your property investment return. If you want to find out more about the…
I would like to wish you a very Happy New Year and a prosperous 2017 ahead and let’s enjoy the festive season before we start afresh again. I think we should all be grateful that we have come through a year that had some nasty surprise outcomes for investment markets which didn’t really have any…
As I speculated last Monday, the June quarter CPI report gave the Governor enough ammunition to act. The Reserve Bank said a rate cut will create “room for even stronger growth” as the inflation rate is set to remain below its target range and risks in the housing market abate. Read more.. The Reserve Bank…
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