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The median price for a house in Australia has reached a record high of almost $1 million, according to a new report.
AFFORDABILITY
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While COVID border closures hamper property sales to international buyers, many Australians still struggle to break into the market because of rising prices.
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Housing affordability in Sydney is expected to deteriorate to its worst level in a decade amid surging prices despite a rise in listings.
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Exploding the myth that increasing supply will fix Sydney’s soaring house prices (Sydney Morning Herald)
Booming house prices and plummeting affordability are fuelling anxiety among Sydneysiders and bringing out the supply side “splainers”.
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Australians do not feel that now is a favourable time to buy property, according to a new study from Finder, as prices continue to skyrocket.
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There are fears some cities in Australia are facing a looming housing affordability crisis as property prices explode.
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An annual property tax is high on the newly appointed NSW Premier’s priority list, as he puts economic reform at the centre of his leadership.
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The increasing impost of stamp duty is restricting the number of properties that come onto the market, contributing to record-high prices.
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Experts warn mooted rules limiting lending could worsen the housing affordability crisis.
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Apart from higher prices making it harder for our kids to get into the property market, there is the broader impact on the economy.
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Bubbles must – by definition – go “pop”. And our housing market just hasn’t. Nor is it likely to.
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Residential property prices keep climbing and while the pace has slowed, experts predict there’s still steam left in the booming market.
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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:
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We trust this seminar gives you a clearer understanding of the Australian Budget Announcements including:
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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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