FHBA Property Market Update 27/11/17 At the 2016 Australian federal election, the Australian Labor Party promised that if they won power they would abolish negative gearing on established properties. While they marginally lost, the Labor Party still has this policy in…
Yesterday in Canberra five politicians were spotted sipping a coffee and having a chat in an outdoor cafe. The five politicians weren’t just any politicians however. They were: PM Malcolm Turnbull Treasurer Scott Morrison Assistant Treasurer Michael Sukkar Finance Minister Mathias…
Labor rev up push for negative gearing changes Federal Shadow Treasurer Chris Bowen and NSW Opposition Leader Luke Foley joined forces on Friday to push the agenda for negative gearing reform once more at a press conference in Sydney. “Australia has the most generous…
Auction Sales Update: For the first weekend of summer (3 – 4th of December) auction clearance rates remained high (compared to historical data). Based on combined capital city preliminary data the national auction clearance rate was 75%, according to CoreLogic RP Data. There are just two…
Dear Mr Turnbull & Mr Morrison, On Sunday the 24th of April, the Liberal party announced that if re-elected you won’t do anything to alter the far too generous tax incentives only investors receive, such as negative gearing and…