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Report reveals households are at record levels of financial comfort despite pandemic
The 20th edition of ME’s Household Financial Comfort Report has revealed that, in June 2021, Australian households experienced record-high levels of financial comfort, despite the COVID-19 pandemic continuing to cause disruptions to lives and businesses nationwide. According to the report, which measures how
New financial laws are coming – here’s what they mean for you
It’s been more than two years since the final report from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (“Royal Commission”) was handed down, sparking a series of reforms and regulations that are ongoing to
Will the 2032 Olympics Win Gold for Queensland’s Property Prices?
Brisbane house prices could more than double by the time the 2032 Olympic Games roll around, taking median home values above $1.4 million, an economist predicts. PRD chief economist Diaswati Mardiasmo said this growth rate would be consistent with the market’s past
Queensland’s record low vacancy rates – rents must rise!
Queensland is facing a crisis of lack of rental accommodation with almost 80% of Queensland’s rental market experiencing extremely low vacancy rates. According to the REIQ, nearly two-thirds of local government areas in Queensland have recorded their lowest or equal lowest
Mortgage serviceability cheaper than renting on over a third of Australian properties
CoreLogic analysis suggests servicing a mortgage is now cheaper than paying rent on 36.3% of Australian properties, which is higher than the pre-COVID proportion of 33.9% reported in February last year. The analysis was undertaken at the individual property level, using a set
5 tax-time tips for property investors
A tax-time mistake can be a costly one for Australian property investors, so here are some tips to help you navigate the devil in the details. In March 2020, ATO Commissioner Chris Jordan revealed that an audit of property investors