APRA Sign

Investors Affected with the Introduction of Tougher Regulations on Investment Lending.

The APRA (Australian Prudential Regulatory Association) has announced that they are cracking down on investment lending in an attempt to slow the rise of property prices. The decision comes amid concerns over the Sydney and Melbourne housing price bubble.  Investment lending has been steadily on the rise and currently makes up 50% of the mortgage industry […]

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Barnett announces changes to the first home buyers grant.

First Home Owners Grant Scrapped for those Looking to Buy an Established Home

Last weeks budget announcement dealt a blow to first home buyers that are looking to buy an established dwelling. In an effort to stimulate the economy, Western Australia’s Premier Colin Barnett announced that first home buyers will be encouraged to buy new homes or build instead of buying existing properties. The existing $3,000 grant is set […]

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2015-15-budget

2015 Federal Budget: The Winners and Losers

Following last years controversial budget, Treasurer Joe Hockey announces a win for small businesses, a focus on health and a crackdown on student loans in the new federal budget. Here’s a breakdown of the winners and losers. Business A 1.5% tax rate discount for small businesses, as well as a $20,000 tax deduction for assets purchased […]

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Luxurious Australian Home

Australia’s Richest & Poorest – the postcodes & jobs that are making the big bucks.

Australia’s biggest earners, as well as the richest and poorest suburbs have now been revealed in the 2012-2013 annual Taxation Statistics report as released by the ATO. It’s hardly surprising that the highest paying profession remained as surgeons with a mean 6 figure income sitting at a whopping $361, 202. What might come as a […]

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