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SQM Research Managing Director Louis Christopher discusses the impacts of immigration on the housing market.
POPULATION
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Regional population growth points to increased house price pressure (Australian Property Investor Magazine)
The move to the regions is still unfolding but that exodus from the cities is slowing, with major implications for property prices in regional Australia.
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Rapid population growth smashing hip pockets, straining vital services (Australian Property Investor Magazine)
The objective of growth should be to improve people’s lives, not worsen them but population policy is not meeting this basic metric.
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The unemployment rate fell to 3.9 per cent in November, with 35,600 more people employed, according to the Australian Bureau of Statistics.
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Instead of a population decline, Perth has experienced a surge due to its strong economy, liveability relative housing affordability.
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It’s no secret Australia’s property market is in crisis, with prices absolutely out of control – but what’s really to blame for the problem?
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House prices have risen more than 80 per cent across the Wide Bay region since 2020, but experts say they're still comparatively cheap.
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In a radical departure from the existing framework, the government is seeking to further criminalise the migration system.
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Migration levels are expected to return to pre-pandemic trends over the next couple of years after the COVID-19 catch-up wears off.
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The 0.25 percentage points interest rate rise is unlikely to derail the WA established homes market, REIWA CEO Cath Hart said.
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REIWA CEO Cath Hart said demand for established homes will remain strong following the release of the latest population data.
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Australia isn't building enough properties to catch up to demand.
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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:
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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.
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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.
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