
Broke Aussies take up debt agreements
Australians being hammered with severe debt problems are increasingly turning to debt agreements over bankruptcy, according to new figures.

Australians being hammered with severe debt problems are increasingly turning to debt agreements over bankruptcy, according to new figures.

In an attempt to attract new business, Australian banks are offering new customers competitive rates on home loan packages, but existing customers are not receiving the same treatment.

The Real Estate Institute of New South Wales (REINSW) is calling on the state government to reinstate first homebuyer incentives following a decrease in the number of first homebuyer sales.

The first home owners grant (FHOG) is set for some changes in the new financial year. As of July 1st 2013 the current $7000 grant will be lifted to $10000. But there’s a catch. You must be purchasing a new home, or a home off the plan.

When buying a new property, the government’s stamp duty is not the only add-on cost the purchaser is faced with.

Low interest rates and a flat housing market may mean it’s a good time to use the equity in your home to invest in a second property.

There are two main reasons people invest in a negatively geared property. Firstly, to save on tax, and secondly to generate an investment that will provide capital gain down the track.

You’ve bought your new investment property and are ready to rent it out and watch it grow in capital value over the next decade or two. Can you just leave it and look after it yourself or should you hire a property manager to make sure you’re getting the best possible rental return and to ensure the place is well looked after?

Some of the housing planets in Melbourne are aligning to provide a fertile ground for buying property in Australia’s fastest growing capital city.

Home improvements continue to be very popular among Australia’s property owners. A quick glance at a current television guide showing numerous primetime home-improvement reality shows will confirm that very quickly!