When COVID was beginning to unfold across Australia and the world in the early part of 2020, property experts and media pundits began to predict sharp falls in house prices. The Commonwealth Bank forecast a potential 32 per cent house price crash with the other major banks also believing we would see similar drops over…
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…
It appears as though the Government and the RBA are pulling out all stops in a bid to get people to borrow, invest and spend money to stimulate the economy and create employment. The latest decision by the RBA to slash interest rates to a record low 0.1 per cent and embark on a range of QE…
Small Things That Can Help Anyone In a Big Way! Some of the topics covered today included: – Structuring your #Mortgage to your advantage – Benefits of Negative Gearing for #Expats – How to position yourself for #CapitalGainsTax in the future – Navigating the difficult Bank lending environment – #Refinancing your mortgage using accumulated lazy…
The odds of an interest rate cut at the next meeting of the RBA appear to be increasing by the day, after Governor Lowe’s speech last week all but implied it was about to happen. If a rate cut does eventuate on Melbourne Cup day, it would see the official cash rate fall to 0.1…
The latest house price data from CoreLogic has been released and it’s showing what many in the real estate industry have known for some time, that house prices are starting to climb in six out of eight of our capital cities and across many non-metro markets. Earlier in the year, when COVID was just starting…
On Friday, the Federal Government announced the biggest change to lending standards we’ve seen since the GFC and it could make finance a lot easier to obtain for property investors. Treasurer Josh Frydenberg is poised to put some of the responsibility back on the borrower and away from the lender in a move that aims…
Despite the ongoing media speculation about large 30% plus falls in house prices, there are still plenty of strong residential property markets across the country. Of the nation’s 15 market jurisdictions (8 capital cities and 7 regional markets), 11 have house prices higher than they were at the start of the year Interestingly, some of the…
As Melbourne heads back into lockdown, the headlines are still painting a very negative picture for the Australian property market as a whole. The latest data from CoreLogic is suggesting that house values have fallen modestly over the past two months and now with limited auction activity in Melbourne for the foreseeable future that could…
With the announcement of the HomeBuilder package from the Federal Government and a host of other incentives being offered by various State Governments, building a new home or buying off the plan has just become a lot more popular. However, when looking to buy off the plan or building a new dwelling, there are a…
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