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Australia Has 2,156,319 Investors
Australia has 2,156,319 property investors, most of whom own just one property, according to the ATO. The ATO figures show that 71% of people who own investment property have just one, while a further 19% own two properties. Less than
Brisbane Most At Ease With Loans
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
Federal Budget 2019: What’s in Store for the Property Industry?
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
Infrastructure wins for property investors in the 2019 Budget
The Morrison government’s federal budget was marked by a spate of tax cuts and cash handouts, and property investors will be impacted also if a major infrastructure spend makes it through parliament. In his first federal budget, Treasurer Josh Frydenberg
Mortgage System Won’t Change: Govt
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:
Women more likely to own their home
Australian women are more likely to own their home than men despite the pay gap. Overall, 60% of Australian women own their home either with a mortgage or debt-free, compared with 56% of men, according to ABS figures. Among the