As part of the ongoing COVID-19 Stimulus Package, the Federal government has announced the HomeBuilder scheme – an incentive targeting the residential property market in order to stimulate growth. A $25,000 grant is available to eligible individuals from the federal government, along with a further $20,000 from the Western Australian government, in addition to otherread more
Businesses going under, workers being stood down, and a global economic downturn – Coronavirus (COVID-19) has had a significant impact on more than just the worldwide healthcare system. While the federal and state government stimulus packages have brought relief to existing residential and commercial tenancy arrangements, the current economic slowdown is putting different pressures onread more
Amongst the doom and gloom of the Australian property market, particularly in WA, those in the know are finding golden opportunities. As much as the market has seemingly bottomed out, first home buyers, current home owners, and prospective property investors all have the chance to turn a negative market into a positive financial decision. Let’sread more
Do you own a rental property? Off the back of finding that the vast majority of rental property owners are making mistakes on their tax returns, the Australian Taxation Office (ATO) is now scrutinising related deductions closer than ever. This has led to the announcement of increased audit activity, in order to ensure ongoing complianceread more
The dreams of a steady passive income, financial stability and a lavish retirement draw a lot of people to property investment and property development. Whether this comes in the form of subdividing the family block; purchasing an existing home and replacing it with units; or developing a multi-story apartment complex, property development can be lucrativeread more
Ever thought about investing in property using your super? Transferring commercial property into superannuation is commonplace – and has been for many years – and the benefits of owning property in superannuation can be significant. In order to understand the real-word application of owning property in your super, consider the following example. In this situation,read more
Keeping an eye on the median house prices of a city is a pretty common metric that prospective investors use to guide their property investment. As much as this can be a decent macro-level indicator of the market, it’s worth remembering to look at some of the finer details within different suburbs. Here are aread more
The affordability of housing is often a pretty good indicator of economic performance overall, particularly as it involves income, expenditure, employment and government initiatives/funding. Reports from the March quarter this year have shown an improvement in housing affordability nationally over the previous quarter, particularly with the proportion of household income required to meet loan repaymentsread more
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