REAL ESTATE

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Victoria introduces portable rental bond scheme to end double bond stress

The change is expected to benefit more than 736,000 households, easing the financial strain of moving by removing the need to pay a double bond.

India’s leading Real Estate body to host annual conference in Australia

The event is expected to draw over 1500 High Net Worth Individuals (HNIs) from India's leading corporates, promising substantial economic and business benefits for Australia.

Becoming a landlord while still renting? ‘Rentvesting’ promises a foot on the property ladder, but watch your step

This would increase demand for rentals in the city and reduce the supply of owner-occupier properties in the regions, worsening the affordability of both.

Reserve Bank Holds Interest Rates Steady Amid Moderating Inflation

RBA emphasised its commitment to closely monitor global economic developments, domestic demand trends, and the labor market outlook.

Planning to buy a renovated home? Here’s what you need to know about tax

The problem home buyers face is that what qualifies as a “substantial renovation” is uncertain.

Interest rates will eventually fall but it’s a bit early for mortgagees to break out the champagne

The bank has always aimed at the midpoint of the target as the most likely way to ensure inflation averages within it.

Reserve Bank of Australia leaves cash rate unchanged at 3.60 per cent, Here’r details

Growth in the Australian economy has slowed, with growth over the next couple of years expected to be below trend.

Foreign investors buying property to pay double fees from Friday 29 July

This will generate an additional $455 million in Budget revenue over the forward estimates.

Sydney and Melbourne House prices in worrying descent as mortgage rates rise

The national fall in home values was driven by sharp monthly declines in Sydney (down 1.6 per cent) and Melbourne (down 1.1 per cent)

Should customers be alarmed with what’s happening in ‘Metricon Homes’?

"no truth to the rumours" about financial struggles within the company, says Metricon.

Must-read

Pauline Hanson’s gurdwara visit shows her ‘monoculture’ does not exclude any Australian

Too many people pretend there are only two choices: either unlimited multiculturalism with no common identity, or forced assimilation where migrants must hide their heritage.

Indian woman get permanent residency after husband’s sponsorship of two former wives triggered visa crisis

She told the tribunal that her husband had no meaningful ties to India and was unlikely to relocate, having lived in New Zealand since his teenage years after moving from Fiji, where he was born.

Sydney couple gets 10 years jail over failed $12 million meth import from Iran

The court heard the couple used fraudulent consignee details and repeatedly redirected the shipment to different locations in an attempt to avoid detection by law enforcement.
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