The Victorian Government has axed stamp duty for first-home buyers on homes under $600,000 to help fight the housing affordability crisis, but will it have the opposite effect and push prices higher?
Stamp duty will be abolished for Victorian first-home buyers who are purchasing a home worth less than $600,000 in an effort to improve housing affordability.
Home owners keen to use their borrowing power to further their property investments are making things harder for first home buyers.
It’s bad news on the first-home buyer front with figures showing they are at their lowest level for over a decade.
In a bid to help first-home buyers be able to afford to buy a home, the ACTU will make a submission this week to the Fair Work Commission, aiming for an increase to the minimum wage.
Fresh data from the Australian Bureau of Statistics show first-home buyer numbers continue to fade.
The apparent slump in first-home buyer numbers isn’t quite as bad as analysts thought.
The RBA kept interest rates at 2 per cent this week no doubt pleasing many home owners and investors.
The Centre for Economic Development of Australia (CEDA) has called for an overhaul of retirement income policy to help future generations buy their own home and avoid slipping into poverty.
One of the biggest challenges of buying your first home is being able to save the deposit. But with these tips and tricks, you’ll be on your way to home ownership in no time…
