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…
FHBA Market Update: 14/August/2017 In today’s FHBA Market Update we take a look at how Australia’s immigration program impacts housing affordability, why 1 in 3 people are ‘giving up’ on owning property, how first home buyers are slightly pushing back, our…
Budget 2017/18 On Tuesday the 9th of May 2017 federal Treasurer Scott Morrison handed down the government’s first budget since narrowly winning last year’s Australian election. For more than two years First Home Buyers Australia (FHBA) has been lobbying the…
FHBA Market Update: 8/May/2017 Welcome to your weekly FHBA Market Update – Budget Preview Special. Tomorrow night the Coalition government will deliver it’s first budget since winning last year’s election. Will first home buyers receive any new assistance? See our…
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: Auction Activity Up For the 26 – 27 November weekend auction clearance rates were once again very high (compared to historical data). Based on combined capital city preliminary data the national auction clearance rate was 76%, according to CoreLogic…
On Sunday afternoon Labor Party leader Bill Shorten conceded defeat to Election 2016, 8 days after Australians went to the polling booths, while Prime Minister Malcom Turnbull claimed victory. While vote counting continues, only a Coalition government now seems possible.…
Who has won? Neither major party has declared victory or defeat yet. Who is likely to win power? It is hard to tell. So far the Coalition has received 4,929,311 votes (50.04%) and the Labor party has received 4,921,187 votes (49.96%)…
While you could be forgiven for thinking this year’s federal election campaign period is boringly long, the fact is housing affordability issue is a serious issue and we need the support of our community (clients, VIP club members and social…