Housing experts say the property market should remain soft for at least two more years – and it’s banks that hold the key.
First home buyers are enthusiastically tapping into their superannuation thanks to a Federal Government scheme.
For the third week in a row it looks like more than half the nation’s home auctions failed to sell.
The Federal Government is set to bring in targeted changes to legislation designed to hit expat Australians’ capital gains tax exemption for family homes.
A report earlier this year by the Australian Housing and Urban Research Institute (AHURI) says $1.7 billion could be saved if negative gearing tax laws were changed.