More help on the way for NSW first home buyers?
YESTERDAY Gladys Berejklian became the new Premier of NSW. The question is, will Ms Berejklian do anything for struggling first home buyers across NSW?
YESTERDAY Gladys Berejklian became the new Premier of NSW. The question is, will Ms Berejklian do anything for struggling first home buyers across NSW?
On January 1 2017 the First Home Owners Grant (FHOG) changed in some states. Some changes were for the better, some for the worse. And some states had no changes at all. Today we summarise each state’s current FHOG status,…
Strong market continues….2 months until the end of the year For the October 29 – 30 weekend auction clearance rates were again very high despite Victoria being in pre Melbourne Cup mode. Based on combined capital city data the preliminary national auction clearance rate was…
In recent times, most lenders have introduced mandatory policies for ‘Genuine Savings’, as a result of the greater number of first home buyers & investors that were applying for loans with minimal deposit & savings. Genuine savings are critical for…
On Saturday at the Northern Territory election, the Territory Labor party (lead by Michael Gunner) defeated, or rather smashed, all opposition, including the Country Liberal party. Michael Gunner has promised a new first home buyer scheme to assist those first…
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.…
Other then federal election time (by the way, don’t forget to vote this Saturday!), right now is also budget time for our State governments. Housing affordability is an Australian wide issue and some States have responded with announcements to increase…
The Northern Territory Government this week announced first home buyers will be able to receive up to a $10,000 exemption in their Stamp Duty costs when buying an established home to live in. Called the First Home Owner Discount (FHOD), eligible…
Last week we discussed the first 2 points of our 5 Point Plan, which explained our recommendations to the Australia Government in relation to interest tax deductions/negative gearing & Capital Gains Tax (CGT).
Despite the large increase in property prices over the last few years, unfortunately first home buyers have seen a significant reduction in assistance in the form of Grants & Stamp Duty concessions. However First Home Owner Grants (FHOG) and Stamp…