Australian households are almost four years ahead on their mortgage payments according to new data released by the Australian Prudential Regulation Authority.
At a certain point in life, many wonder what's better: to pay off the home loan ASAP or top up your superannuation?
Australians are turning to increasingly risky and expensive mortgages as rising property prices outstrip wages growth, recent data shows.
According to the RBA, since 1991, the ratio of property debt to household income has more than doubled.
The value of Australia’s housing market surpassed $9 trillion for the first time after rising by five per cent in the September quarter.
Two-thirds of Australians believe a full one percentage point rise in interest rates would put pressure on their financial position.
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.
Financial regulators have confirmed they are moving to clamp down on housing market risks .
The Commonwealth Bank of Australia’s chief executive says he is increasingly concerned with rising house prices and household debt levels.
Australian Property Investor Magazine
Not too far long ago we would browse the local agent’s windows or newspapers for available properties, then the huge success of online portals made browsing on your couch a daily habit.
Real Estate Institute of Australia (REIA) has said the Australian Bureau of Statistics (ABS) show activity has increased across the board with growth in lending recorded for first home buyers, investors and owner occupiers.
When faced with an ‘adapt or die’ scenario the construction industry and key players within it are taking the opportunity to push boundaries and technologies to benefit the long run, making changes to work practices, technology and ideologies.
The REIQ and Queensland Law Society (QLS) are preparing new editions of the EF001 - Contract for Houses and Residential Land (17th ed) and EF003 - Contract for Residential Lots in a Community Title Scheme (13th ed) to be released on 20 January 2022.
End of a low-rate era The lowest fixed home loan rate on record has been increased this week, unfortunately ending the ultra low rates we’ve been accustomed to.Greater bank lifted their 1-yr rate of
Perth and Brisbane may be on opposite sides of Australia but the roughly two million inhabitants in each city enjoy a lifestyle centred on sizeable properties or modern apartments, plenty of sunshine and good public facilities, schools and universities.
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 …