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A bill was passed through Parliament raising the threshold for stamp duty exemptions from $650,000 to $800,000.
NEWS & INSIGHT
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The race for talent is on, as a new report showed an “overwhelming” number of employers in the property industry are gearing up to boost salaries.
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New analysis has revealed it has just become even harder for a cohort of Aussies to apply for a home loan.
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Forget the usual suspects, the Aussie suburbs where property prices have skyrocketed may surprise you.
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Foreign investors bought less than 1 per cent of residential property in Australia in 2021-22.
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Build-to-rent is gaining further momentum in Australia, with a car park on Melbourne’s CBD fringe now set to be transformed into a build-to-rent project.
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Herron Todd White director Chris Hinchcliffe said a first-home buyer would end up in Nedlands if they were savvy with their money.
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Alphington, in the city’s leafy northeast, had a spike in its median house price in the five years to March, up 65.2 per cent to $1,975,000.
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Andrews’ balancing act: the politics of targeting taxes at big business and landlords (The Guardian)
This is not the first time the Victorian government has targeted taxes at specific groups in its budget to help fund reforms.
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Victorians with second homes or investment properties will pay a new flat rate tax of up to $975, plus an additional levy on the value of their land from Januar…
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A small war has broken out amongst some economics on the topic of whether Australia’s central bank has performed well over decades.
SMATS Chats
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Join Steve Douglas as he discusses:
- Global financial markets, issues & influence on our daily lives;
- Australian property markets, driving factors and has it peaked?
- International markets review & forecast;
- Australian Dollar review & prediction;
- Interest rates…
Join Steve Douglas, Executive Chair and Julie Kelley, Sales & Marketing Manager as they answer your burning questions during the 'Australian Residency and Tax Changes & Implications To Expats' webinar.
You can also book a FREE 20 minute tax consult by emailing smats@smat…
Hidden away in the back of the Australian Budget and unmentioned in the Treasurers speech, was a simple statement confirming that:
“The Government will replace the individual tax residency rules with a new framework that is easy to understand, provides certainty and reduces compl…
We trust this seminar gives you a clearer understanding of the Australian Budget Announcements including:
• How Covid19 has impacted the Australian Government’s federal finances
• Measures the Government intends to undertake to reinvigorate the Australian economy
• Latest taxatio…
Australian property prices look to be on a rocketing path, with first home buyers, low-interest rates and FOMO (fear of missing out) fueling the demand for the start of 2021.
However, with stimulus packages coming to an end, and international borders remaining closed, can this ex…
For anyone considering Australia as a future place of residence planning your taxation affairs is a critical element of the migration process.
The Australian taxation system is extremely complex and taxes residents worldwide income.
Thankfully, legal and sensible tax …
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