The increasing impost of stamp duty is restricting the number of properties that come onto the market, contributing to record-high prices.
Stamp duty discounts were introduced by the Victorian government last year to help stimulate the property market.
First home buyers in NSW would be eligible for $25,000 grants under a new plan to help them get onto the property ladder.
The last time stamp duty and home renovations drove economic growth to a similar extent to now was in June 2002.
A premium stamp duty will also be introduced, with property transactions above $2 million attracting a $110,000 duty plus 6.5 per cent of the dutiable value in …
Legal and accounting professionals have criticised the NSW government’s strategy to replace stamp duty with an annual land tax.
Accounting bodies are concerned about the need to juggle three taxes concurrently: stamp duty, land tax and property tax.
The RBA governor has doubled down on his support to remove stamp duty following budget announcements by NSW and Victoria relating to the tax.
The Andrews government is pouring $6 billion into housing initiatives and planning changes it hopes will help more Victorians into secure homes.
Australian Property Investor Magazine
Deciding where to buy an investment property is a big decision. Location is a crucial factor when purchasing property, especially when buying it as an investment.
It’s an ugly, inconvenient secret. While female real estate agents are common today, there are comparatively few women real estate investors. And that’s a problem.
Brisbane has cemented its place as the fastest growing capital city market throughout Australia, leading the nation in terms of dwelling price growth, ahead of all other capitals, but even more so in the housing market compared to the unit market.
SPECIALIST MORTGAGE finance director Helen Avis has been recognised in this year’s MPA Top 100 list, as one of the Top Mortgage brokers writing the highest value of loans in FY21; further adding to a long history of achievements and awards in the Australian finance industry.
Queensland’s influx of interstate residents is influencing dwelling design, with owner-occupiers and investors gravitating towards larger and more luxurious apartments.
Australian house prices notched up their 14th consecutive month of gains in November, with the annual rise adding more than $126,000 to the median value of homes across the nation.
Join Steve Douglas as he discusses:
- Global financial markets, issues & influence on our daily lives;
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- International markets review & forecast;
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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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• Latest taxatio…
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For anyone considering Australia as a future place of residence planning your taxation affairs is a critical element of the migration process.
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Thankfully, legal and sensible tax …