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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.
INCOME
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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.
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While confidence remains relatively stable, strong November results for the retail sector could trigger false hope, economists warn.
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At a certain point in life, many wonder what's better: to pay off the home loan ASAP or top up your superannuation?
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More Australians are quitting their jobs for better-paid ones as they make the career moves they put on hold earlier in the pandemic.
Australian Property Investor Magazine
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The regional manager of a multinational development consultancy has identified the healthcare and industrial commercial real estate markets as the ones offering property investors with the best prospects in 2023 and beyond.
The $344 million Art Gallery of NSW redevelopment designed by award-winning architects SANAA and built by Richard Crookes Constructions, opened its doors to the public on Saturday.
Floods in News South Wales, Queensland and Victoria have halved the property prices of some of the worst-hit areas, while Covid is threatening to re-emerge to wreak more havoc on the real estate market.
National property prices fell in November for the seventh month in a row, and although there were signs of the declines slowing the average dwelling has still dropped $53,400 in value since the market's peak.
Even as international crises continue to wreak havoc on Australia’s housing sector, building approvals tumble, and construction companies fold, there are enough signs of hope that one major builder has scored the health of the industry at 6.5 out of 10.
The Andrews Government's third term in office confronts myriad issues in the property and construction sectors, with housing affordability identified by voters as one of the main issues of the election campaign.
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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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