Home buyers may not face more lending restrictions this year with top bank economists saying the regulator will likely sit tight.
Australian households are almost four years ahead on their mortgage payments according to new data released by the Australian Prudential Regulation Authority.
House hunters are rushing to secure mortgages before new lending rules come into effect from November.
The hope is new borrowing rules will take some steam out of house and property prices without giving the rest of the economy a whack.
The Victorian government is launching a $500 million fund to help about 3000 people buy their own home.
Would-be first-time homebuyers are set to face tougher hurdles to enter the market after a decision by the banking regulator to tighten lending standards.
Financial regulators have confirmed they are moving to clamp down on housing market risks .
Australian house prices are rising at the fastest pace in 32 years.
According to APRA, $192 billion of mortgages have been deferred by authorised deposit-taking institutions (ADIs), comprising 11% of all housing loans.
Australian Property Investor Magazine
Rents across Australia took off in the last quarter but, strangely, rental yields actually fell.
When trying to grasp the many variables that will shape the property market in 2022, prospective investors are contending with a range of conflicting influences.
As the United Kingdom and United States experience a boom in foreign property investment, buyers from Asia and elsewhere are increasingly shying away from Australia.
Coastal and lifestyle suburbs, including luxury apartments, are showing no signs of easing up, according to developers and buyers’ agents.
Builders are turning to alternative construction materials to alleviate the massive carbon footprint being left by traditional structural constituents.
Westpac has become the first major bank this year to increase its fixed rates for owner occupiers and investors.
Join Steve Douglas as he discusses:
- Global financial markets, issues & influence on our daily lives;
- Australian property markets, driving factors and has it peaked?
- International markets review & forecast;
- Australian Dollar review & prediction;
- Interest rates…
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.
You can also book a FREE 20 minute tax consult by emailing smats@smat…
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…
We trust this seminar gives you a clearer understanding of the Australian Budget Announcements including:
• How Covid19 has impacted the Australian Government’s federal finances
• Measures the Government intends to undertake to reinvigorate the Australian economy
• Latest taxatio…
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 …