In a government-led effort to reduce housing affordability pressures, foreign property buyers will be hit with increased taxes and charges expected to generate more than $600m over the next four…
In a widely anticipated decision, the Reserve Bank of Australia (RBA) announced it will leave the cash rate on hold in June at 1.5% following its latest meeting on Tuesday. …
NSW’s recent crackdown on foreign buyers, aimed at tackling housing affordability, may be self-defeating economic policy, industry leaders argue. The measures, which include doubling the stamp duty surcharge on foreign…
This years ABS release of “Regional Internal Migration Estimates” hardly makes a ripple each year when it’s released, but this years release “tells a powerful story”, says population, housing &…
Here are the changes to depreciation affecting residential property that you need to know about. Prior to the release of the May budget, the Australian Tax Office (ATO) allowed owners…
With the release of the upcoming May Budget next week, Treasurer Scott Morrison has played down the likelihood of tax changes to property investors and opted for more flexible regulatory measures instead….
The cash rate remains steady on hold at 1.5% for the eighth consecutive month as the Reserve Bank of Australia (RBA) keeps an eye on inflation. In his statement delivered yesterday,…
It’s been a strong start to the year for most capital city housing markets, with cuts to interest rates back in May and August driving growth over the December quarter, says…
Ahead of the upcoming May Budget and in a major address delivered in Melbourne on Monday, Treasurer Scott Morrison may have given his strongest inclination as to the Government’s likely response…