Posts Tagged ‘property’
Federal Budget Wrap 2023-24
Treasurer, Jim Chalmers, delivered the 2023-24 Federal Budget last night, where the Government has outlined a raft of measures which aim to strike a “considered, methodical balance” between fiscal restraint and supporting Australians through the current difficult times. The Government has announced a small surplus of $4.2 billion this financial year, the first in 15…
Read MoreNSW Government helping their own workers with the ever out of reach property market
People living in New South Wales are facing a big challenge in owning their first home. Knowing that a large deposit is needed can be daunting and in the long run opt out of buying.
Read MoreProperty: It’s a buyer’s market!
While the cost of living continues to rise, property prices are declining. This is good news for those looking to buy property, especially if it’s for the first time. Indeed, the State Government has introduced to parliament a proposal to give home owners the option of choosing Stamp Duty OR Land Tax. So, what do…
Read MoreAustralians are the richest people in the world?!
Credit Swisse recently released a global wealth report that showed the median Australian adult had a net worth of $US273,900 at the end of 2021, making them financially better off than adults of any other country. This reflects a favourable share and property market position for Australians at the time of the report. It is…
Read MoreEconomic outlook: consumer position, cost of living, property and investment
Australian businesses are having a tough time. Australian consumers however, have money in their pocket. Here are some statistics from the Australia Bureau of Statistics June report. Slower consumer spending over the last two years means Australians have saved quite a bit of money, and their spending grew the Australian economy by 0.8% during the March…
Read MoreProperty: peaks and troughs of 2021-2022
If you are in the market to buy or sell a house, you will have been watching property sales with interest and, in many cases, astonishment. Prices have hit extraordinary highs. The big question on everyone’s lips: will it slow? The short answer: probably not soon, but tighter rules around lending may be on the…
Read MoreJUNE 2021: What’s new in the economic zoo
The National Australia Bank held an economic breakfast earlier this month to update us on the current state of play at a national level, as well as local Central Coast impact. Here are some of the key insights on investment markets from their Director of Economics and Markets. Australia’s recovery from the COVID crisis has…
Read MoreKeen to invest and not sure where to start?
Many Australians are feeling confident in the current market to invest, and you may be keen to get involved. If you’re starting out as an investor, the amount of information can be a little overwhelming. This article will help you to gather some general background information about the different asset classes of cash, property, shares…
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