The New Daily – 15 June, 2015 By James Fernyhough http://thenewdaily.com.au/money/2015/06/15/meteoric-rise-stamp-duty-explained/ Property tax may have gone completely nuts, but the Property Council’s solution is even nuttier. On Monday, the Property Council of Australia released some…
Domain.com.au – 13 June, 2015 By Jennifer Duke http://news.domain.com.au/domain/real-estate-news/property-price-crash-more-likely-in-melbourne-than-sydney-experts-20150613-ghm8xr.html?rand=1434159332835 Both Sydney and Melbourne have experienced significant price growth in the past 18 months, but one city is more at risk of a bust, experts say.…
ABC, The Drum – 10 June, 2015 By Michael Janda http://www.abc.net.au/news/2015-06-10/janda-its-not-hockeys-job-comment-that-should-worry-us/6535484 Joe Hockey’s comment on “getting a good job” may have caused the biggest stir, but it’s his follow-up comments that we should be talking…
Domain.com.au – 9 June, 2015 By Lucy Macken and John Garnaut http://m.news.domain.com.au/domain/real-estate-news/tax-office-property-probe-snitching-neighbours-dob-in-foreign-investors-20150608-ghj6k9.html Tax investigators have tracked down dozens of foreigners who have sidestepped investment laws to buy real estate in Australia, with one foreign investor being…
The Sydney Morning Herald, 4 June, 2015 By Gareth Hutchens http://www.smh.com.au/business/banking-and-finance/apra-says-everything-is-fine-in-housing-market-but-look-at-credit-cards-20150603-ghfw5v.html Australia’s financial regulator says it is not too worried about Sydney and Melbourne’s property markets, despite serious concerns from Treasury and the Reserve Bank…
The Sydney Morning Herald – 2 June, 2015 By Michael Pascoe http://www.smh.com.au/business/the-economy/rbas-monetary-policy-cant-be-set-to-suit-sydneysiders-20150602-ghf2az.html Did you see what wasn’t in the Reserve Bank governor’s brief statement? An explicit easing bias. In the carefully measured lexicon of central…
The Sydney Morning Herald – 29 May, 2015 By James Laurenceson http://www.smh.com.au/comment/sydneys-skyrocketing-house-prices-are-worrying-but-chinese-buyers-arent-to-blame-20150529-ghcgjt.html Sydneysiders have good reason to be upset by sky-rocketing house prices. The Australian Bureau of Statistics says that the cost of entering an already…
ABC News – 19 May, 2015 By Simon Frazer http://www.abc.net.au/news/2015-05-19/reserve-bank-steps-up-its-language-on-housing-market-risk/6480986?section=business The Reserve Bank has stepped up its language on the risks posed by rising property prices, but still insists there is scope for another interest…
Brokers and lenders are in the crosshairs – now is the time to ensure that your professional standards are top-notch. Heightened competition among home lenders has prompted the Australian Prudential Regulatory Authority (APRA) to issue…
The Bull.com.au – 11 May 2015 http://www.thebull.com.au/articles/a/53880-rba-researcher-warns-on-lending-standards.html By AAP Future economic shocks may hit households harder than in past financial tremors, according to a Reserve Bank paper. Credit losses suffered by Australian banks during recessions…
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