Nudgee Named a Top 10 Growth Suburb

By | 2019-06-25T14:40:03+00:00 June 25th, 2019|News|

Brisbane’s property market has seen the median house price increase 1.5 per cent to reach a new high of $680,000. The findings come from the latest Real Estate Institute of Queensland Market Monitor report, which reveals capital growth in Brisbane suburbs for the 12 months to March, amid the nation's housing slump. And while the

Last-minute tax-time tips for the time-poor investor

By | 2019-06-25T12:54:04+00:00 June 25th, 2019|News|

End of financial year falls on Sunday, 30 June, and there is still time to make sure you are maximising tax strategies for your investment properties before the week is out. The end of the financial year is nearly here, and for any investor that is yet to get themselves sorted, there is still a

Property industry reacts to Liberal Party win

By | 2019-05-22T16:19:24+00:00 May 22nd, 2019|News|

Last weekend’s federal election saw the Coalition government returning to power in an election that saw policy on property taxation a hotly debated topic between the Liberal Party’s insistence of maintaining the status quo and the Labor Party’s intention to reform the taxation process. As a result, with the Coalition government’s win, many in the

APRA move means 9% extra borrowing power

By | 2019-05-22T13:41:08+00:00 May 22nd, 2019|News|

APRA’s scrapping of the 7 per cent ‘stress test’ buffer on home loans will effectively see a 9 per cent increase in borrowing capacity for owner-occupiers which will rise to between 13 and 14 per cent if the RBA undertakes two interest rate cuts before the year is out. With the current ultra-low interest rate

How Uber Eats and Afterpay can hinder home loan applications

By | 2019-04-30T14:36:52+00:00 April 30th, 2019|News|

If you thought your Friday night ‘order in’ and buy now, pay later habits were harmless, think again, because your excessive digital spending could well derail your mortgage application. Our Afterpay payments, eBay and Uber Eats accounts, Netflix, Stan, and other online streaming subscriptions are coming under scrutiny by mortgage brokers and lenders when assessing

Young investors poised to take advantage of market softening

By | 2019-04-30T14:06:25+00:00 April 30th, 2019|News|

A survey by comparison website Finder has found 35 per cent of Millennials – which total 1.9 million Australians – think the current market decline has paved the way for them to enter the market. The survey, which polled 2,026 Australians, found that 19 per cent of Australians overall would be interested in purchasing property,

Brisbane Most At Ease With Loans

By | 2019-04-30T11:41:58+00:00 April 30th, 2019|News|

A new survey has found that home-owners in Brisbane fare the best when it comes to paying the mortgage comfortably. The research by Finder asked respondents if they struggled with their mortgage - and Brisbanites emerged as the most comfortable with their repayments among the capital cities. It found 62% of Brisbane respondents "can make

Federal Budget 2019: What’s in Store for the Property Industry?

By | 2019-04-03T09:58:29+00:00 April 3rd, 2019|News|

Infrastructure is the big winner in this year’s budget, with the government splurging on roads and railways to fight congestion and prop up a lethargic economy. Just weeks away from the election, Treasurer Josh Frydenberg delivered his maiden budget on Tuesday, unveiling $100 billion in infrastructure funding over the next decade. The budget appealed to

Mortgage System Won’t Change: Govt

By | 2019-03-28T09:18:36+00:00 March 25th, 2019|News|

With an election just weeks away, the Federal Government has backed away from the banking royal commission's recommendation that all commissions in the mortgage broking industry be abolished and consumer groups warn it will leave borrowers worse off. Key points: When Kenneth Hayne's final report was released, the Government pledged to ban trailing commissions from