Monday, May 14th, 2012
The Australian Tax Office (ATO) recently released taxation statistics for the 2009/10 financial year. The data had a lot of good information, some of which was touched on in last week’s blog however, this week we will be specifically looking at rental income and deductions associated with property investment.
Over the ...
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Friday, April 27th, 2012
With the low CPI reading earlier this week, a drop in the cash rate next Tuesday is pretty much a done deal. The question is now will the RBA cut the cash rate by 25 or 50 basis points? According to financial market expectations (based on the ASX cash rate futures ...
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Friday, March 30th, 2012
For most people, the Reserve Bank of Australia’s bi-annual Financial Stability Review is a tough read. For anyone interested in the housing market however, the section on household balance sheets (pages 41 to 46) is essential reading.
Of particular interest is the analysis on mortgage arrears across Australia and the comparisons ...
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Sunday, March 18th, 2012
The January housing finance data was released this week and it showed, as predicted, a slowdown in activity by first home buyers in January 2012. There are a couple of points to note about these results:
The fall in volumes was anticipated given the removal of first home buyer stamp duty ...
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Friday, March 2nd, 2012
RP Data along with our strategic partners Rismark International released two world firsts this week;
the world’s first genuine “daily” house price index suite, which will cover all the major cities and the national market.
the world’s first house price indices that track the change in the value of the overall asset ...
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Sunday, February 19th, 2012
The number of housing finance commitments continued to improve in December, rising 8.7% over the quarter according to the seasonally adjusted series from the ABS released this week. The adjusted figures for December were the highest since March 2010; a strong sign that a degree of health is returning to ...
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Wednesday, February 15th, 2012
The volume of housing finance commitments to owner occupiers increased for the eighth consecutive month in November, up 1.4% over the month and 4.6% over the year. Of course, from a housing market perspective it is important to separate owner occupier commitments for refinances and non-refinances. Refinances create business for ...
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Saturday, May 14th, 2011
The latest figures from the Real Estate Institute of Western Australia (REIWA) show Perth's property market picked up slightly in the last quarter, but overall sales were still down.
View full post on ABC News: Business
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Wednesday, May 4th, 2011
The Real Estate Institute of the Northern Territory says any initiative that stimulates the housing market is a good thing.
View full post on ABC News: Business
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Saturday, March 5th, 2011
Australian homes remain the most overvalued in the world, giving fresh life to the debate over whether the nation's housing market is a bubble.
View full post on ABC News: Business
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