In the current housing market everyone has an opinion, including me of course! We have all seen the news headlines either in print or online: “House prices set to plummet by 20-25 per cent in 2023” – News.com.au 10/2/23. We have seen the media talk up the “R” word. Why the Reserve Bank is pushing […]
We have now reached a consensus from Real Estate Agents, Economists and even the media. Property prices will not keep falling, but actually begin to make significant gains over the next 6 – 12 months. The papers are now full of articles talking about the rise in property price over the next few years. This […]
We can look back on Saturday’s election results and certainly talk about the polls and media commentators missing the outcome. But what will it mean to the property market? I certainly had spent much time thinking about the impacts of negative gearing being wound back and also the possibility of large capital gains tax changes. […]
As we enter the final stretch toward the 2018 Victorian State Election on Saturday 24th November, we will hear much information about property and inherently the taxes that come from it. About half the income of the Victorian State Government comes from property related taxes and duties such as stamp duty on properties that are […]
The Australian Prudential Regulation Authority (APRA) is an independent body that supervises banking institutions and has been a useful tool for the Reserve Bank of Australia (RBA). 2 years ago the RBA board knew that the housing market was overheating in both Melbourne and Sydney. But nowhere else in the country was the housing market […]
May 1st 2017 has been and gone and there has been very little noticeable change to the way property is being quoted online. Whilst the new Statement of Information is not required for any properties currently being marketed with authorities dated prior to May 1st, the new advertising rules do apply according to the Consumer […]
Last year we have seen some rather large upheavals both across the world and in the property market here in Melbourne. We saw Brexit, China trying to advance its boundaries into the South China Sea, The Philippines new leader saying he was happy to sever ties with the US and of course in the USA, […]
March’s last super Saturday is done and with the Real Estate Institute’s 75% auction clearance rate we can see that property price growth is far from done. There will now be a couple of weeks before the auction market picks up a little, with Easter next weekend, and with school holidays straight after there could […]
Unless you have just arrived back home from a holiday without any TV, radio or internet, you will have seen that the world stock markets have taken a battering in the past week. Everyone’s eyes have been on China and the speed, or lack thereof, of its economic growth. And all thoughts go to “What […]
With talk from the federal government of limiting Negative Gearing, many commentators are talking about seeing massive changes to property investment and to this end a potential property crash. And many of these alarmists have talked about the stock market crash being the end of people investing. There are going to be changes in what […]
