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The average Aussie family’s home buying budget has shrunk by around $214,600 thanks to the Reserve Bank of Australia’s (RBA) rate hikes, according to new data.
INCOME
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When it comes to acquiring the largest source of wealth for most Australians – housing – it’s increasingly a family affair.
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The heat may be coming out of the housing market but prices across most regions remain at least 15 per cent above pre-pandemic levels.
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Where would property prices be if they rise a little further and then fall slightly over the next couple of years, as economists expect?
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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.
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Australia will temporarily waive the visa application fees for international students and backpackers, in a move aimed at addressing workforce shortages.
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While confidence remains relatively stable, strong November results for the retail sector could trigger false hope, economists warn.
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At a certain point in life, many wonder what's better: to pay off the home loan ASAP or top up your superannuation?
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More Australians are quitting their jobs for better-paid ones as they make the career moves they put on hold earlier in the pandemic.
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Australia will reopen its international borders to more than 200,000 visa holders as it moves towards the final phase of the national reopening plan.
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CBA’s head of Australian economics has made a bold prediction for the future, claiming the market is “in the twilight of an incredible boom.”
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Wages in just one part of Australia have largely kept up with property price increases over the past two decades - the Northern Territory.
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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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