Rental Property Investor Jailed for Vacant Property

March 15th, 2017|

Couple jailed for vacant property Have you got a residential property that's vacant? Well under new legislation being drafted by the Victorian government you could be fined, sounds a little crazy? That’s because it is. The real issue about the residential property market in Victoria is the lack of supply, which [...]

RIP Negative Gearing for the Mum and Dad investors

March 14th, 2017|

RIP Negative Gearing Speculation is rife at present about the future of negative gearing on rental investment properties. The media reports of Malcolm Turnbull and Scott Morrison looking at ways to reap the benefits of a buoyant property market to make up shortfalls and finance government spending these ways consist of; [...]

To Call Australia Home

March 14th, 2017|

To Call Australia Home Once again we see Sydney’s housing market surging to new levels and prices are forecast to soar even further, where will it end and who is fueling this latest boom? It’s a common fact that both Sydney and Melbourne have become the top two destinations for families [...]

CFMEU pay deal locks in 20pc hike

December 6th, 2016|

The CFMEU has struck a deal with Australia’s biggest contractors Lendlease; Average 5% yearly wage increase 36 hr week 20 days annual leave Rostered days off 10 days paid domestic violence leave 10 days paid leave for union delegates 12 days carers’ leave in first year 18 weeks primary parental leave [...]

Thousands of Homes Planned for Brisbane

December 6th, 2016|

Brisbane ratepayers have just received a mail out from Graham Quirk, the Brisbane lord mayor, informing them that the State Government has set Brisbane City Council a target of approving more than 223,000 new homes over the next 30 years to keep up with the city’s population growth. That’s over 7,500 [...]

Corporate Letting Wanes

December 6th, 2016|

At a property conference last week a property expert stated that at present Brisbane had an oversupply of units (27,000) coming on to the rental market and although rental returns had softened slightly the main area of concern was corporate letting (short term) which was suffering badly. Macquarie Bank has flagged [...]