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.
News
House prices forecast to drop by up to 7%
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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.
The State Government has handed down their Budget for 2017
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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.
Should property owners be able to choose between stamp duty and land tax?
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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.
Superannuation exemption proposal for seniors looking to downsize their home
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26 April 2017
It looks as though the Federal Government may offer exemptions from new superannuation limits to retirees who downsize their home.
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