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.
News
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.
Melbourne's median house price soars to new record high
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20 April 2017
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.
Figures show most investors who negatively gear earn under $80,000
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19 April 2017
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.
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