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A bill was passed through Parliament raising the threshold for stamp duty exemptions from $650,000 to $800,000.
NEWS & INSIGHT
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New analysis has revealed it has just become even harder for a cohort of Aussies to apply for a home loan.
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Foreign investors bought less than 1 per cent of residential property in Australia in 2021-22.
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Build-to-rent is gaining further momentum in Australia, with a car park on Melbourne’s CBD fringe now set to be transformed into a build-to-rent project.
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Herron Todd White director Chris Hinchcliffe said a first-home buyer would end up in Nedlands if they were savvy with their money.
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Alphington, in the city’s leafy northeast, had a spike in its median house price in the five years to March, up 65.2 per cent to $1,975,000.
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Andrews’ balancing act: the politics of targeting taxes at big business and landlords (The Guardian)
This is not the first time the Victorian government has targeted taxes at specific groups in its budget to help fund reforms.
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Victorians with second homes or investment properties will pay a new flat rate tax of up to $975, plus an additional levy on the value of their land from Januar…
Australian Property Investor Magazine
Latest Articles
Legislation passed on Friday (2 June) means first-home buyers in New South Wales will be granted increased stamp duty exemptions and concessions but will it be enough to turn renters into buyers?
While paying off a mortgage is usually more expensive than renting, that balance is shifting as rents soar and a new report reveals 17 suburbs around Australia where it is now cheaper to buy than rent.
Australia's three biggest cities are making progress towards regaining the lost ground their property markets conceded in the wake of the pandemic.
The Gold Coast is awash with short-term rentals, driving long-term rental yields to very high levels and providing temptation for property investors seeking cashflow and other buyers escaping the rent hike cycle.
The property clock is ticking towards noon for many regional property markets listed as being in a capital growth phase but only one state capital was seen as being in a growth period.
Concrete is everywhere yet its use comes at an alarming environmental price, but new production techniques and alternative materials could help cure the cancer that concrete represents for the planet's health.
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Join Steve Douglas, Executive Chair and Julie Kelley, Sales & Marketing Manager as they answer your burning questions during the 'Australian Residency and Tax Changes & Implications To Expats' webinar.
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Hidden away in the back of the Australian Budget and unmentioned in the Treasurers speech, was a simple statement confirming that:
“The Government will replace the individual tax residency rules with a new framework that is easy to understand, provides certainty and reduces compl…
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Australian property prices look to be on a rocketing path, with first home buyers, low-interest rates and FOMO (fear of missing out) fueling the demand for the start of 2021.
However, with stimulus packages coming to an end, and international borders remaining closed, can this ex…
For anyone considering Australia as a future place of residence planning your taxation affairs is a critical element of the migration process.
The Australian taxation system is extremely complex and taxes residents worldwide income.
Thankfully, legal and sensible tax …
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