Industry Updates

SMSFs and property

Posted by on Mar 31, 2017 in Industry Updates | 0 comments

Mixing property and your self-managed super

You may want to set up an SMSF primarily to invest in residential property. Here we explain when you can use your SMSF to invest in property and what you need to consider before you do. READ MORE

What does Brexit mean for Australian property?

Posted by on Jul 8, 2016 in Industry Updates | 0 comments

Britain has voted to leave the European Union in a shock referendum result that will see the UK break from the continent after more than 40 years.

While the formal exit will take two years, the effects of the result are already being felt with financial markets falling across the globe.

The impact of Brexit will likely have flow on effects to Australia, including the property market.

The practice of taxing foreigner property holdings

Posted by on Jun 2, 2016 in Industry Updates | 0 comments

In the latest post on propertyobserver.com.au, the practice of taxing foreigner property holdings at a higher rate than the locals is a world wide trend finally taken up by Australian legislators.

It looks like it will become the norm too in Sydney any day now.

Just like the Labor Government in Victoria in 2015, overseas property investors look set to soon have to pay more to own a home in NSW under Treasurer Gladys Berejiklian’s upcoming state budge…see the full article here

How Negative Gearing Affects You

Posted by on May 13, 2016 in Industry Updates | 0 comments

In recent months, a policy to get rid of negative gearing on existing residential property and increase capital gains tax has been all over the media.

This policy – if ever adopted – directly affects the millions of Australians who own any property, whether it’s an investment or their own home.

See the full article here

 

Compliance certificates required on tenancy agreements entered into after 29th April 2016

Posted by on Apr 19, 2016 in Industry Updates | 0 comments

 Compliance certificates required on tenancy agreements entered into after 29th April 2016

Download the PDF Here…

Rents continue to rise despite national building boom: Domain

Posted by on Apr 7, 2016 in Industry Updates | 0 comments

Unit rents increased at record levels over the March quarter for the majority of capital cities despite a national apartment building boom, according to the March Quarter Rental Report from Domain.com.au.

The report found unit rents increased in Sydney, Melbourne, Brisbane, Hobart and Canberra over the March quarter, staying at record levels despite the recent unit building boom, while house rental vacancies remain low in most capitals.

Read the full article from PropertyObserver.com.au

Market impacts of negative gearing

Posted by on Mar 3, 2016 in Industry Updates | 0 comments

A poll of 1,700 investors with properties managed by LJ Hooker showed 37 per cent of investors earned a combined household income of less than $100,000, while 67 per cent had a household income of $150,000 or less. The perception that investors are well-to-do is overblown, especially in the major business hubs of Sydney and Melbourne.

The poll also found 31 per cent of investors would sell some or all their portfolio if negative gearing was abolished or restricted. This tells us that property investment is central to an individual’s, couple’s or family’s wealth accumulation, helping to fund major milestones in life. As we’ve seen recently, property is a solid investment option… read the full article from rebonline.com.au

 

Don’t tinker with negative gearing

Posted by on Feb 22, 2016 in Industry Updates | 0 comments

In a recent article Real Estate Conversation, discuss the current debate around the negative gearing and capital gains tax, read the full article here..

Should stamp duty be axed?

Posted by on Sep 3, 2015 in Industry Updates | 0 comments

Anyone who’s ever dipped their toe in the property market has likely paid stamp duty, and now there are growing calls for the tax to be scrapped.

In an article by Sarah Millar on Realestate.com.au  they look at the arguments for and against scrapping the tax. Read the full article here..

How to plan your SMSF exit strategy

Posted by on Jul 17, 2015 in Industry Updates | 0 comments

From Property observer com.au, “People who invest in real estate through a self-managed superannuation fund should have an exit strategy in mind for their property from the time they acquire it, even if they plan to hold the investment for the long term and pass it down through the family”. read the full article by Forrester Cohen here…