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The geniuses in the financial markets – and they must be geniuses because they’re paid far more than we are – think next year will be an absolute ripper.
INCOME
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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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Katie and her husband will never make any more money than they do now, but already their dream of owning a home is beyond reach.
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House prices continued to rise across the nation and have now grown at the fastest pace since mid-1989.
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Experts have revealed first-home buyers now need an average deposit of more than $110,000, while monthly repayments have also skyrocketed.
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First-home buyers could take up to 15 years to save the deposit needed for their Great Australian Dream, according to new research.
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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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Despite rolling lockdowns and closed borders, Australian capital city markets have defied the odds with home values continuing to rise.
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The central bank reiterated it will not raise the cash rate from its record low of 0.10 per cent until inflation is sustainably between two and three per cent.
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The Credit Suisse Global Wealth Report has declared Australian households the worlds richest.
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The time to save a deposit to buy an entry-level house has blown out by an additional four months on average across capital cities.
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For 55 millionaires, the 2018-19 financial year was very good. Not only did they earn more than $1m, they paid no net tax.
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Join Steve Douglas as he discusses:
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- 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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