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Australians stashed more money in the bank at the beginning of the Omicron outbreak and the Federal Government hopes it will be used to boost the economy.
APRA
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Home buyers may not face more lending restrictions this year with top bank economists saying the regulator will likely sit tight.
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Australian households are almost four years ahead on their mortgage payments according to new data released by the Australian Prudential Regulation Authority.
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House hunters are rushing to secure mortgages before new lending rules come into effect from November.
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The hope is new borrowing rules will take some steam out of house and property prices without giving the rest of the economy a whack.
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The Victorian government is launching a $500 million fund to help about 3000 people buy their own home.
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Would-be first-time homebuyers are set to face tougher hurdles to enter the market after a decision by the banking regulator to tighten lending standards.
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Financial regulators have confirmed they are moving to clamp down on housing market risks .
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Australian house prices are rising at the fastest pace in 32 years.
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According to APRA, $192 billion of mortgages have been deferred by authorised deposit-taking institutions (ADIs), comprising 11% of all housing loans.
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Australian housing prices have experienced their steepest drop since the global financial crisis, according to property analysts CoreLogic.
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Join Steve Douglas as he discusses:
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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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