‘Nonsensical’: Economist shuts down 10% price drop talk
A big four bank’s suggestion that Australia would see a 10 per cent dip in property prices over 2023 has been promptly...
Smart Property Investment is pleased to present a weekly round-up of the biggest stories across property, investment, real estate, and finance, with thanks to Momentum Media.
Here are the biggest stories for the week ending 10 October 2021:
The state has launched a new home buyer fund, under which it will pay 25 per cent of the property purchase price if eligible borrowers have a 5 per cent deposit.
From 15 October 2021, unvaccinated agents across Victoria could be hit with fines of more than $20,000 – or $100,000 for their agency – if they continue to work onsite without the jab.
EXCLUSIVE: Treasurer Josh Frydenberg has highlighted housing taxes as a key issue ahead of the federal election, despite Labor abandoning its previous calls to scrap negative gearing.
Lockdown restrictions across greater Sydney and NSW may be lifting today, but for the real estate industry, the road forward has felt anything but clear.
The Morrison government “strongly supports” brokers and the role they play in providing competition, the federal Treasurer has told Momentum Media.
Investors would be well-versed to heed the warning: “Past growth is not a predictor of future growth.”
A New South Wales agent is making a sea change of his own, swapping the streets of Sydney for the beach at Byron Bay.
More Victorian rental properties will be eligible for a 50 per cent land tax discount following the state government’s expansion of its building incentive scheme.
Negative gearing occurs when the rental income of a property is not enough to cover the total costs of managing the rental and re-paying the interest portion of the loan.
Property refers to either a tangible or intangible item that an individual or business has legal rights or ownership of, such as houses, cars, stocks or bond certificates.
Real estate is a type of real property that refers to any land and its permanent improvement or structures that come with it, whether natural or man-made.