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Monthly Archive for June, 2017

In the 2017-2018 Federal Budget handed down by Treasurer Scott Morrison on the 9th of May 2017, the Government proposed changes to the Taxation Laws. From 1 July this year, all travel deduction relating to inspecting, maintaining or collecting rent for a rental property – previously allowable – will be disallowed. This is relevant for […]

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Even before the 2017 state budget was handed down by Tim Pallas, the Victorian real estate fraternity was twitching with anticipation. Where would the government give and take? Well, it’s all out in the open now, and it seems property investors are the hardest hit by the latest budgetary measures in the government’s attempt to […]

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Big is not always best!

Two-bedroom houses are outperforming the typical family home in Melbourne’s inner and outer rings as buyers look to enter the market below the suburb’s median house price. New REIV data shows the median price for two-bedroom homes in Melbourne’s inner ring rose 14.7 per cent over the year to March to $1,015,000 – a $130,000 […]

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Autumn market update

Following the Reserve Bank meeting this month, the cash rate was left unchanged at 1.5 per cent. The chance of a rate cut to 1.25 per cent was at 9.0 per cent according to the ASX RBA Rate indicator, however the rates were left on hold. Auctions have continued strongly in the March 2017 quarter […]

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At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Headline inflation rates in most countries have moved higher over the past year, partly reflecting the higher commodity prices. Core inflation remains low, as do long-term bond yields. Further increases in US interest rates are expected over the […]

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The devastation wrought by Cyclone Debbie reinforces the need for all home and commercial property owners to ensure they have adequate house and contents insurance. But it’s not even catastrophic natural events that we all need to be covered for. It can be the simple things, like a leaking washing machine, a fallen branch or […]

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