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It’s no secret Australia’s property market is in crisis, with prices absolutely out of control – but what’s really to blame for the problem?
MIGRATION
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House prices have risen more than 80 per cent across the Wide Bay region since 2020, but experts say they're still comparatively cheap.
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In a radical departure from the existing framework, the government is seeking to further criminalise the migration system.
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Migration levels are expected to return to pre-pandemic trends over the next couple of years after the COVID-19 catch-up wears off.
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AMP chief economist Shane Oliver has expressed concerns over a potential reversal in the rebound of Australian home prices.
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Experts warn should property prices continue to grow as it has been in recent months, Aussies can expect to be seeing a new peak in the market by next year.
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In the blink of an eye, house prices have moved from ongoing decline to actually moving higher in the major cities.
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A property summit has heard a more nuanced story about the correction in property values at the end of the era of ultra-cheap money.
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Prime minister Anthony Albanese has explained how the boost to Australian migration will work, as the country battles a skills crisis.
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Investing in Australians’ education is far more important than immigration in resolving the nation’s skills shortages, according to surveyed economists .
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The RBA says a sharp fall in the size of households helped offset the effect of the collapse of immigration on the housing market.
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Queensland’s peak industry and community bodies are urging the federal government and opposition to convene a national housing summit.
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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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