Blog
RIP Negative Gearing for the Mum and Dad investors
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
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
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
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
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 [...]
Repairs or Maintenance, that is the question…?
You would have to live on Mars or at least own property there not to have read, heard or been informed about the Australian Taxation Office’s crackdown on investors claiming repairs and maintenance on additional expenditure incurred (spent) on their investment properties. By JAMES HANNAH To most investors, the mention of [...]