Negative gearing cost falls on low interest rates

Negative Gearing

The Tax Office statistics show net capital gains being reported by taxpayers jumped 37 per cent to $14.4 billion, far faster than the rise in the property or stock markets. The cost to the federal budget of negatively-geared rental property deductions has fallen 12.5 per cent to $10.9 billion, the lowest level in four years because of record […]

Greenery a fundamental design element of ‘treescrapers’.

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Greenery on skyscrapers in Australia has gone from being the “parsley around the pig” to a fundamental design element of the buildings becoming known as treescrapers. More and more, the old-style concrete jungles in our cities are being replaced by towers that are studded with trees, dripping with foliage and have rooftops that are home to verdant forests of plants, shrubs […]

Sunninghill Circuit home sold for $1.2 million breaking the suburb record!

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MMJ Wollongong auctions results have started strong for 2016 as Saturday saw a record breaking house sale for the suburb of Mount Ousley. The previous suburb record was topped by an on-site auction at 19 Sunninghill Circuit, Mount Ousley, going under the hammer for $1,200,000. The deceptively spacious residence is a fine example of where […]

What’s the harm in changing Negative Gearing?

Why tinker with Negative Gearing?

Experts and property industry groups claim that negative gearing that should be tinkered with to generate new income. As the government shifts its focus to the tax treatment of rental properties, industry groups have jumped to the defence of negative gearing, describing the potential tweaks as “dangerous territory”. Property Council of Australia’s chief of policy […]

Official Cash Rate Remains at 2 per cent.

Australian Money

The board caused few surprises by leaving the official cash rate at 2 per cent, where it has been since May 2015. All 29 economists and commentators surveyed by comparison website finder.com.au predicted today’s result. The Reserve Bank might have been tempted to reduce interest rates to stimulate the sluggish economy – but with rates already […]

Outdoor living: 3 key ways to add real property value.

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Outdoor living in Australia goes hand in hand with our laid back, social lifestyles, and a relaxing, practical, inspiring outdoor living space has become an essential inclusion in our homes as we look to enhance both our lifestyle and our property value. Here are the top three ways to maximise your outdoor living area, which […]

NSW Rental Laws Under Review

Information for tenants and owners of rental properties.

If you own or live in one of the 800,000 rental properties on the books in New South Wales, you will be interested in the NSW Governments review of the laws surrounding these homes, specifically the Residential Tenancies Act (2010). History tells us that the legislation is usually reviewed every 5 years meaning any edits […]

Discover a New Paradise

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Now seeking expressions of interest for Batehaven Luxury Apartments, located at 236 Beach Road, Batehaven. Located approximately 4km south of Batemans Bay, these 1, 2 and 3 Bedroom Luxury Apartments are available Fully Furnished with Dual Key options to allow flexibility in renting. Boasting a picturesque beach backdrop, these apartments are the perfect holiday home […]

Confused About the New Underquoting Laws?

Confused about the new underquoting laws?

2016 has seen some significant changes made to the way in which real estate in NSW is bought and sold for both residential and commercial property. The aim of the new underquotting legislation changes is to stop corrupt agencies from benefiting financially. Effects on Sellers? If you are wanting to sell your property, then your […]