“The number of loans for the construction of a new dwelling increased by 27.1 per cent in the month of September 2020, to the highest result since the Australian Bureau of Statistics (ABS) commenced collection of this data in 2002,” stated HIA’s Chief Economist, Tim Reardon. “The ABS also released its building approvals data today, which is a more lagged indicator of future building work, … Continue reading HomeBuilder sets new construction record
Corelogic Reports Quarterly Auction Review Auction volumes increased over the three months to September with 14,216 homes taken to auction across the combined capital cities, up from 13,783 over the previous quarter, although lower than this time last year when 16,730 homes were taken to auction over the September 2019 quarter. Of the 13,917 auction results collected over the latest quarter, 18.7 per cent reported … Continue reading September Quarter saw both Auction Volumes and Clearance Rates Rise Across the Capital Cities
Home Loan Checklist Applying for a home loan requires some preparation. The more prepared you are the easier it will be. Spend some time putting together the required documentation. Here is a checklist of what you need to put together BEFORE you meet the lender or broker; Personal Identification Passport Driver’s license Or you can instead present two forms of secondary identification: Birth certificate Medicare card … Continue reading Home Loan
The 7 steps to financial independence and freedom By Bushy Martin What does financial independence or financial freedom mean to you? What does it conjure up in your mind when you hear those terms? Does it feel like an unrealistic notion? Do they feel unattainable? Unachievable? A concept so far in the future that it’s not worth worrying about. Or it’s too scary and too … Continue reading Steps To Financial Independence and Freedom
BMT Tax Depreciation welcomes the Government’s decision to allow businesses with an aggregated turnover of less than $5 billion to apply tax losses against taxed profits in a previous financial year, generating a refundable tax offset in the year in which the loss is made. The initiative, announced in last night’s Federal Budget, allows eligible businesses to carry-back tax losses from the 2019/20, 2020/21, or 2021/22-income years … Continue reading Federal Budget Announcement Allows Businesses to Back-claim for Future Losses
Victorian buyers snapping up Queensland property sight unseen Victorian property buyers are driving up demand for Queensland homes as COVID refugees free from Southern states, according to property experts Universal Buyers Agents. Universal Buyers Agents founding director Darren Piper said as many as one in four enquiries are from Victorians or New South Wales buyers looking for Queensland homes. “Often these buyers are purchasing sight … Continue reading Victorians flee to Qld Property Market
A stunning beachfront home looks set to break the record of $7 million for the highest-selling residential property in Newcastle when it goes under the hammer next month. To be sold under the Online Friendly Auction System, the spectacular beachside Merewether home boasts 4 bedrooms, 3.5 bathrooms, triple garage, and was collaboratively designed by award-winning architects Chris Mury Architects and Shane Blue of Bourne + … Continue reading Record set to break for Newcastle property
“A hard lockdown of more than 100-days will be the cause of the biggest shock to Melbourne’s economy that most of its residents have ever seen. It is highly possible that it could lose as many as 30,000 people over the next couple of years,” said Propertyology’s Head of Research. Tens of thousands of people are likely to relocate away from Melbourne over the next … Continue reading Melbourne Population Exodus, 30,000 people to relocate, double-digit price decline
• Knight Frank has released its Global House Price Index Q2 2020, which tracks the movement in mainstream residential prices across more than 50 countries and territories worldwide using official statistics• Australia is ranked 19th in the world for global house price growth, with a 6.1% rise in house prices over the past year• Australia has risen up the global rankings from one year ago … Continue reading Australia ranked 19 in the world for global house price growth
Veronica Morgan and Meighan Wells moves into the area of free evaluation reports. Continue reading Research
