Joshua MellickLeave a comment
With home ownership being increasingly out of reach for Australia’s younger generation, it’s no wonder that 65 percent of Australians believe owning a home is no longer a choice for most young people (The Australia Talks national survey).
Gavin ChauLeave a comment
“Civilisation is a race between education and catastrophe. Let us learn the truth and spread it as far and wide as our circumstances allow.” H. G. Wells
Owun TaylorLeave a comment
I was 16 years old and literally bounced in the front door, ricocheting like a pinball all the way down the hallway bursting into the living room, landing in front of my television watching parents, my left hand waving a now slightly crumpled slip of paper.
Helen MatsoukasLeave a comment
Where were you at 4:23pm on the 19th of March 2020?
Gavin ChauLeave a comment
The question of whether an active or passive investment strategy is better is a perennial one—not only in real estate but also in equities and other asset markets. In property, an active strategy can take the form of renovations or flips. You could say flipping property (where you hold it for a short period before on-selling) is similar to share trading. However, the high transaction costs (such as stamp duty and agents fees) associated with buying and selling property usually make this an ineffective strategy. That’s before mentioning the 50% capital gains tax you’ll incur on any profit you manage to make.
Luke GrahamLeave a comment
In late-July, Michelle Grattan of the University of Canberra penned an article for The Conversation analysing Federal Labor’s ‘small target’ strategy ahead of the 2022 election. The “de-Shortening” of Labor casts aside previous plans to reform franking credit cash refunds and raise taxes on capital gains. In addition, it looks like Federal Labor won’t meddle with tax reform introduced by the Coalition, meaning people earning between $45,000 and $200,000 will face a marginal tax rate of 30 percent (scrapping the 37% rate) from 1 July 2024 onwards. Politically speaking, this appears to be a subtle shift toward the centre by Labor.
Gavin Chau3 Comments on Squid Game: art imitating life
The hit Korean series on Netflix has reached No. 1 in 90 countries. It’s clear that something in the series has captured the zeitgeist, with its recurrent themes of rising levels of economic inequality, the slow death of the middle-class, and the desperation of the protagonist’s situation, where no matter what he does, he feels unable to get ahead. All while it’s being watched for the entertainment of the elite who seem to be able to do what they want with impunity.
Bradley Beer, Guest Writer1 Comment on Discover the benefits of buying a brand-new investment property
Owners of income-producing properties are eligible to claim significant taxation benefits each financial year, including property depreciation deductions. Property depreciation is a non-cash deduction, meaning an investor doesn’t have to spend money to be eligible to claim it.
Gavin ChauLeave a comment
After a long period of flat growth, the fundamentals for Brisbane are arguably looking the best of any state or territory at present. From all indications, we are now past the bottom of the property cycle and we will almost certainly see solid growth for the next seven to nine years. The market is not without some risks though – but let’s go through the positives first.
Luke GrahamLeave a comment
Last week, the ABS released their most recent quarterly Residential Property Price Indexes. Given their data comes from CoreLogic (who now share a daily index), there are few surprises about the performance of real estate in our capitals and rest of state.
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