The Tasmanian government has announced it will double the First Home Builder Boost to dramatically stimulate first home buyer and construction activity. The grant for first home owners who choose to buy or build a brand new home will be increased from $15,000 to $30,000 and is effective immediately. Ms Giddings said the take-up for the grant, […]
ASIC is aware that a number of SMSF promoters include misleading statements in their ads about NRAS. ASIC is today warning consumers about advertising that promotes the use of self-managed superannuation funds (SMSFs) to invest in residential properties through the National Rental Affordability Scheme (NRAS). ASIC has seen ads stating that consumers can use their superannuation […]
A recent study conducted by the Australian Housing and Urban Research Institute attempted to understand the opposition to affordable housing, and the subsequent impact on communities, suburbs and the property market. The study was conducted across Queensland, New South Wales and Victoria, where most affordable housing proposals are not controversial but a small number of […]
CBA is reporting that while house prices are in general on the up, the lower interest rates, and rising incomes are making for a better outlook for those trying to buy. The advice from the Housing Industry of Australia (HIA) that housing costs should not consume more than 30% of the family weekly income. The national […]
AUSTRALIAN housing is at its most affordable level in a decade. A recent Adelaide Bank and Real Estate Institute of Australia report has indicated that affordability has improved nationwide. The average margin of homeowners’ income spent servicing their mortgage has fallen steadily in the past two years as interest rates have hit record lows, according to […]
Robert Gottliebsen put forward yesterday (September 2) that a Coalition win at the Federal Election on Saturday will trigger a housing boom. ” The looming Coalition landside win on Saturday is now virtually certain to trigger a series of housing booms in Australia. In some areas the boom is not waiting for September 7.” This prompted […]
