May 10, 2017
Major banks hit with new Budget levy
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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May 5, 2017
House prices forecast to drop by up to 7%
Analysts from Citi have forecast house prices to fall by up to 7 per cent by 2018 amid lending crackdowns and lowering household debt.
May 3, 2017
The State Government has handed down their Budget for 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.
April 28, 2017
Should property owners be able to choose between stamp duty and land tax?
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.
April 26, 2017
Superannuation exemption proposal for seniors looking to downsize their home
It looks as though the Federal Government may offer exemptions from new superannuation limits to retirees who downsize their home.
April 20, 2017
Melbourne’s median house price soars to new record high
Across the city, the median price has jumped by 7.6 per cent in the first three months of the year – that’s the strongest quarterly growth since 2013.
April 19, 2017
Figures show most investors who negatively gear earn under $80,000
Despite fears negative gearing is unfairly advantageous to wealthy investors, the Property Council has released figures showing most investors negatively gearing earn less than $80,000.
April 12, 2017
Melbourne suburbs with the most house sale listings
Domain Group has released data showing the Melbourne suburbs with the most properties for sale in March, giving buyers an insight into the areas that have the most choice on offer.
April 11, 2017
Melbourne’s house prices predicted to fall, then stagnate
Melbourne’s house prices are set to fall between 2018 and 2020 and then settle into a period of stagnation.
April 6, 2017
RBA governor tells banks to continue tightening their lending practices
Mr Lowe sent a clear message to governments around the country that the best way to deal with the housing affordability crisis in the country was to increase supply and build more dwellings.