SA government scraps stamp duty to open home ownership door
The Malinauskas government has utilised its 2023–2024 state budget to abolish stamp duty for first home buyers purchasing under certain conditions.
HOTSPOTS • Fri, 16 Jun 2023
ATO launches new foreign property buyer tool
From the end of June, the Tax Office is digitising its interactions with foreign investors and their representatives.
TAX & LEGAL • Thu, 15 Jun 2023
Has Qld’s state budget hit the mark on housing?
Delivered earlier this week (13 June), the ninth state budget of the Palaszczuk government’s tenure is littered with housing promises — but is it enough?
HOTSPOTS • Wed, 14 Jun 2023
Aussie rents soar to record-breaking heights
In some pockets of the country, house rents are up nearly 30 per cent in the past year, the largest increase since the Real Estate Institute of Australia (REIA) began ...
A rental freeze is not only impossible, it won’t work: Housing minister
Federal Housing Minister Julie Collins has insisted rent caps are ineffective for solving the nation’s rental crisis.
INVESTOR STRATEGY • Tue, 13 Jun 2023
Mount Gambier: SA’s migration magnet poised for growth
Hugging the border between South Australia and Victoria, the region has been one of the most highly sought-after destinations for internal migration in the last few ...
HOTSPOTS • Tue, 13 Jun 2023
Home Guarantee Scheme chalks up 100,000 buyers
In the three years since its inception, the federal government’s Home Guarantee Scheme (HGS) has assisted 100,000 Australians into home ownership.
Why home values are still skyrocketing despite rate rises
“Supply is really the number one factor in the residential property market right now,” insists REIA president Hayden Groves, who believes that unless more housing becomes ...
More than 4 in 10 Aussie rents up 10% in last year: CoreLogic
The pace of national rental growth has been driven by yearly increases in every Australian capital city and rest of state jurisdiction except Canberra.
HOTSPOTS • Sun, 11 Jun 2023