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Just 0.1% of Sydney homes and 2.2% of Melbourne homes are within budget for households earning the median gross household income of $90,792.
INCOME
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If you’re a worker and you didn’t receive a 50 per cent pay rise since the beginning of Covid, then you have gone backwards financially.
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Landlord Anthony Albanese is making $115,000 a year in rental income on top of his salary as Prime Minister.
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The average Aussie family’s home buying budget has shrunk by around $214,600 thanks to the Reserve Bank of Australia’s (RBA) rate hikes, according to new data.
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When it comes to acquiring the largest source of wealth for most Australians – housing – it’s increasingly a family affair.
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The heat may be coming out of the housing market but prices across most regions remain at least 15 per cent above pre-pandemic levels.
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Where would property prices be if they rise a little further and then fall slightly over the next couple of years, as economists expect?
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Australians stashed more money in the bank at the beginning of the Omicron outbreak and the Federal Government hopes it will be used to boost the economy.
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Australia will temporarily waive the visa application fees for international students and backpackers, in a move aimed at addressing workforce shortages.
Australian Property Investor Magazine
Latest Articles
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 seen as being in a growth period.
Newly appointed president of the Housing Industry Association (HIA) Debbie Johnson spoke exclusively to API Magazine about the challenges facing the building sector and housing industry and her own unique career path.
API Magazine columnist Michael Matusik has lambasted the Reserve Bank of Australia (RBA) for singling out borrowers as the scapegoat for high inflation and risking a recession.
Limits on rent increases, pet ownership protections and a ban on renters outbidding each other for properties are the hallmarks of a major overhaul of Western Australia's rental laws.
The rental crisis has, in the eyes of many, pitted landlords against tenants but nationwide research suggests most rental arrangements run smoothly, although one state had more fractious relationships than others.
First time and inexperienced property investors stand to lose thousands of dollars if they fail to avoid the five most common real estate investment mistakes.
SMATS Chats
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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 …
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