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The Albanese Government has unveiled a series of legislative changes aimed at recalibrating the foreign investment framework.
INVESTMENT
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Perth has become hot property for cashed-up foreign investors and there are a handful of suburbs really piquing their interest.
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Data released on Monday by the Australian Bureau of Statistics (ABS) shows that the number of first-home buyers rose by 20.3% in the year to November.
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Hong Kong and mainland Chinese buyers are snapping up property in Australia in a big way again.
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East coast investors with no intention of moving to Western Australia continue to fuel Perth's property boom.
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Home owners who bought in the last few years and had to resell fast are increasingly likely to cop a loss on their deal.
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Foreign investors will be funnelled into new construction and build to rent programs under a new plan from the Albanese government.
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While rising interest rates and changing regulations have put the property market in a state of flux, aspirational investors remain committed to the long term.
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Fast food outlets have shown much more resilience in values and turnover, over the past 18 months, than retail or office.
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Property investors are trickling back into the market to capitalise on record-low vacancy rates around the country.
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Almost one fifth of the $30 billion unlisted property sector has moved to curtail withdrawals, as nervy investors look to redeem their capital.
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New figures show that the tax office has approved more than 2,300 international students to buy properties in Australia.
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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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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.
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For anyone considering Australia as a future place of residence planning your taxation affairs is a critical element of the migration process.
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