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Cheap money and government incentives have pushed property prices to fresh record highs during the pandemic.
PRICES
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There is a big question mark over whether Australia’s record-breaking property price boom can be sustained.
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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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Some Sydney homes in the city are still available at a more affordable price.
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A new trend is emerging in the scramble to beat fast-growing regional property prices – buying a house sight unseen.
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Eight of Western Australia's nine regional centres experienced median house sale price growth in the June 2021 quarter.
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Australians need to fork out $955,927 when buying at the nation’s median house price, which jumped 5.8 per cent over the quarter.
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The Westpac-Melbourne Institute Index of Consumer Sentiment fell by 4.4 per cent in August to an 11-month low.
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Almost a quarter of respondents to a survey expressed their belief that regional property in particular is set for a boost.
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Australian house prices are rising at their fastest rate in more than 17 years.
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Melbourne and Canberra have joined Sydney in the $1 million-plus median house price club as the nation's property market soars into overdrive.
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The number of new property listings has crashed in the past week.
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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;
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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:
“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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