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Land tax on vacant homes in Victoria, if they are unused for three years, is set to triple.
VICTORIA
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Victoria’s $78.5 billion infrastructure pipeline has supercharged demand for concrete, pushing up prices for commercial builders.
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A quarter of Melbourne property investors sold at least one rental home in the past year as the city plunged from the nation’s second most popular state capital…
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Victoria has abandoned a plan to cap rental increases to tackle housing affordability.
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Victorians are poised to be slugged with the most property tax in the country this year and beyond but NSW won't be too far behind.
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Property prices are continuing to rise despite 12 interest rate rises as new data shows some areas have seen prices double in the past two years.
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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…
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Several insurance companies are abandoning Mallee postcodes in response to the Victoria and New South Wales flood crisis.
Australian Property Investor Magazine
Latest Articles
In his first column for API Magazine, development expert Greg Devine says developers' margins are tight but 2024 represents an opportunity for progress as building cost pressures begin to ease.
The Real Estate Institute of Australia has named two prominent real estate industry women in the roles of president and deputy president, with former REINSW President Leanne Pilkington taking the helm.
At a time when the household saving to income ratio declined to its the lowest level in 16 years, new data has revealed that home ownership remains the biggest source of personal happiness.
The most recent interest rate hike has had minimal impact on the Brisbane real estate market but there are other pressures acting as obstacles to further price rises.
Improved inflation figures have encouraged the Reserve Bank of Australia (RBA) to hold off on a December interest rate hike.
Commercial property is becoming an investment of choice for a broader cross-section of investors but there are some steps to take to ensure the best prospects of success.
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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…
We trust this seminar gives you a clearer understanding of the Australian Budget Announcements including:
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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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