The Federal Government is set to bring in targeted changes to legislation designed to hit expat Australians’ capital gains tax exemption for family homes.
The Liberal leadership turmoil this week is making a Labor victory at the next election increasingly likely, so what would that mean for the property market?
The founding chairman of the Australian Competition and Consumer Commission – Allan Fels – says the corporate regulator is too soft in fighting bank misconduct.
The Australian Prudential Regulation Authority has confirmed it is removing its 10 per cent benchmark on investor loan growth that it brought in in 2014.
A new study has looked into how Labor’s property tax proposals would hit the country’s property markets and has found it would vary around the nation.
This year’s Federal Budget includes a plan to help up to 20,000 older Australians stay in their own home but some say it contradicts policies designed to free up housing.
The new HomesVic scheme will assist up to 400 first-home buyers meet the criteria to be eligible to enter the housing market by reducing the amount they need to snare a property.
Government land-use regulations and zoning rules are costing homebuyers in Melbourne $324,000 on an average property.
Treasurer Scott Morrison has spoken to Australian Financial Review while in the US, and said financial regulators may ease back on home lending restrictions.
Property investors should start preparing themselves for changes to negative gearing and capital gains tax according Daryl Dixon from Dixon Advisory.
