Australian households are almost four years ahead on their mortgage payments according to new data released by the Australian Prudential Regulation Authority.
MORTGAGE
At a certain point in life, many wonder what's better: to pay off the home loan ASAP or top up your superannuation?
There are several headwinds that are building that will slow property prices in 2022.
Two-thirds of Australians believe a full one percentage point rise in interest rates would put pressure on their financial position.
House hunters are rushing to secure mortgages before new lending rules come into effect from November.
Apart from higher prices making it harder for our kids to get into the property market, there is the broader impact on the economy.
Aussies have used the pandemic-induced lull in their lives to hunt around for a better bank deal, pushing the value of refinanced mortgages to record heights.
The latest figures from the Australian Bureau of Statistics reveal mortgage refinancing skyrocketed to an all-time high in June, 2021.
Research endorsing past limits on investor and interest-only loans will give regulators new evidence to consider.
Australian Property Investor Magazine
Latest Articles
Rents across Australia took off in the last quarter but, strangely, rental yields actually fell.
When trying to grasp the many variables that will shape the property market in 2022, prospective investors are contending with a range of conflicting influences.
As the United Kingdom and United States experience a boom in foreign property investment, buyers from Asia and elsewhere are increasingly shying away from Australia.
Coastal and lifestyle suburbs, including luxury apartments, are showing no signs of easing up, according to developers and buyers’ agents.
Builders are turning to alternative construction materials to alleviate the massive carbon footprint being left by traditional structural constituents.
Westpac has become the first major bank this year to increase its fixed rates for owner occupiers and investors.
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.