The federal government has extended its coronavirus loan scheme, with major changes set to assist businesses still financially wounded from the pandemic.
LOANS
As loan deferrals get set to expire, thousands are going to face tough decisions as they struggle to make repayments on home and business loans.
The most recently released ABS finance data reported that the value of new home loans taken out in November set a new national record.
The reality is that there is profit to be made through keeping people in debt and pushing them to the edge.
The Reserve Bank of Australia has effectively "green lit" risk-taking on property investment.
Direct first-home buyer assistance and imminent changes to responsible lending were the main housing policies in the federal budget.
Australia’s largest banks have put aside more than $7 billion in bad loan provisions related to COVID-19.
Two of Australia’s biggest banks have slashed interest rates on a suite of home-loan products in what’s shaping up as the start of a lending war.
Property lenders say they have no intention of sitting on their hands as the sector emerges from the depths of the COVID-19 crisis.
Australian Property Investor Magazine
Latest Articles
While metropolitan property markets report a going-out of the tide on property values, investment prospects still lap the shores of Queensland’s Sunshine Coast.
Australia’s largest building company, Metricon, has denied reports that it is facing insolvency or at risk of joining a long line of major builders to go into liquidation.
Known more for its tropical lifestyle, crocodiles and zany NT News headlines revolving around aliens and nudity, Darwin’s appeal as serious property investment location is no laughing matter.
Regional properties around Australia continue to outperform the city markets, with price gains delivering profits to investors but exacerbating a rental and first-home buyer crisis.
Both major parties have made major policy announcements around housing and affordability but neither has addressed what most industry experts regard as the biggest issue of all.
As Australia’s property markets recalibrate, how do vendors supercharge their sales campaign if they're not receiving the desired level of interest?
SMATS Chats
Latest Podcasts
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 …
DISCLAIMER: All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.
COPYRIGHT: All information provided is protected by international copyright laws. You may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any way exploit any such content, nor may you distribute any part of this content over any network. Copying or storing any content is expressly prohibited without prior written permission of SMATS Group or the copyright holder identified in the individual content's copyright notice. For permission to use the content on please contact info@smats.net.