News

Home buyers to pay GST on new dwellings to combat ‘phoenixing’
11 May 2017

A change to GST in the Budget will mean homebuyers will soon have to send the Australian Taxation Office a cheque for GST on new dwellings.

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Major banks hit with new Budget levy
10 May 2017

Australia’s big banks have been hit with a bank levy in today’s Federal Budget that will raise $6.2 billion over four years.

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House prices forecast to drop by up to 7%
05 May 2017

Analysts from Citi have forecast house prices to fall by up to 7 per cent by 2018 amid lending crackdowns and lowering household debt.

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The State Government has handed down their Budget for 2017
03 May 2017

The Victorian State Government released its Budget this week and as expected they have introduced a tax for properties left unoccupied for six months or more.

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Should property owners be able to choose between stamp duty and land tax?
28 April 2017

Multinational firm PricewaterhouseCoopers says letting property purchasers to decide whether to pay stamp duties upfront or land tax in smaller instalments could help with housing affordability and mobility.

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