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Euro Investors Eye Local Property Market

Posted on Wednesday, 08 February 2017

European investors are lining up to plough money into Australian mortgage securities as the strength of the local housing market attracts international attention. Non-bank lender FirstMac said European fund managers want the federal government to consider supporting euro-dominated investment into local mortgage backed securities.

Shortage to Push Prices up 12pc, Says Jpmorgan

Posted on Tuesday, 07 February 2017

JPMorgan says government policy is distorting measurements of the Australian housing market in a way that is not fully understood. In a report, the bank tips house prices to rise 12 per cent this calendar year, driven by a shortfall in production of dwellings estimated at 180,000 dwellings that emerged between October 2006 and December 2009.

Comfortable City Living Needs Big Bucks

Posted on Monday, 06 February 2017

To live in Sydney and be comfortable you need an annual salary of about $100,000 and an inner city or beachside home close to work, the city's residents believe. A survey of the opinions of 304 Sydneysiders shows living near the harbour or CBD is a top priority, even though affordability is falling.

Property and 'the Budget'

Posted on Sunday, 05 February 2017

The state government is planning to use its early return to surplus to boost the ailing home building market. The headline announcement of the budget was stamp duty cuts totalling $140 million, including the country’s first zero per cent tax, for off-the-plan purchases worth up to $600,000.

FAST-TRACK DA's TO BE EXPANDED

Posted on Saturday, 04 February 2017

MORE people renovating or building new homes will be able to get development application approval in only 10 days, with the government planning to extend its controversial complying development provisions to another 200,000 eligible properties in Sydney over the next 12 months.

Mortgage : Look before You Leap

Posted on Friday, 03 February 2017

Although times aren't tough now, further increases in debt like huge mortgages, will make households extremely vulnerable to future bumps in the economic road. Reserve Bank governor Glenn Stevens is urging Australians to reduce household debt and increase savings, while the economy remains strong and the risk of financial hardships are low.

Senior's Stamp Duty Cut Will Help Few

Posted on Thursday, 02 February 2017

Many seniors are unlikely to move, as new housing developments will remove them from friends and local services. Many also prefer larger homes to accommodate visiting friends and family. THE generous seniors stamp duty exemption announced in the state budget is so narrowly targeted that only a fraction of older home owners are likely to benefit, according to government figures.

Landlords Gain in Rent Overhaul

Posted on Wednesday, 01 February 2017

Landlords will be able to exert greater control over who moves into shared households under proposed changes to residential tenancy laws. Key provisions of the legislation, tabled in State Parliament yesterday, will also make it easier to change leases in cases of domestic violence, as well as ensuring rent disputes are heard by the Consumer Trader and Tenancy Tribunal more quickly.

Our BlogArchive - Posts from February 2017

Euro Investors Eye Local Property Market

Shortage to Push Prices up 12pc, Says Jpmorgan

Comfortable City Living Needs Big Bucks

Property and 'the Budget'

FAST-TRACK DA's TO BE EXPANDED

Mortgage : Look before You Leap

Senior's Stamp Duty Cut Will Help Few

Landlords Gain in Rent Overhaul

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