GUEST OBSERVER Over 90 new strata laws will come into play later this year and of the 90 these are some changes that will most likely make a difference to your everyday. 1. PARKING Owners corporations will be able to reach agreements with local councils to allow parking officers into their schemes to issue fines…
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National dwelling prices rose 1.1 percent in August with home value rises in Sydney and Melbourne leading the nation according to the latest Home value Index from CoreLogic. Sydney dwelling values increased 1.4 percent month to month with Melbourne dwelling values up 1.5 percent. Tim Lawless, CoreLogic head of research, said despite a strong month-on-month reading,…
A poor understanding of finance maybe costing homebuyers as they fail to spot hidden fees and charges on their home loans accoding to a survey commissioned by financial services provider CUA. More than 1,000 Australians aged from 25-49 were surveyed in the CUA National Mortgage Survey during July, with half of the survey respondents currently…
The minutes of the August monetary policy meeting of the Reserve Bank Board, in which it reduced the overnight cash rate by 25bps to 1.5 percent, provided little in the way of additional insight around the Bank’s forward view. With the Governor’s decision statement released on the day, the Bank’s full Statement on Monetary Policy…
GUEST OBSERVER Anyone can be a successful investor but it is critical you set your goals and start with the end in mind. Begin by finding a proven system that other successful people have used in the past. The key is doing your research and making sure your money goes somewhere that over the medium-term…
Do you own a home on a large block of land in an area that’s in high demand? You could be sitting on a gold mine and not even know it. As Perth’s population looks to maintain growth and demand for property in inner city locations seems to soar, your backyard could be the key…
The thinking behind yesterday’s RBA cash rate is illustrated by today’s RBA chart pack. Here’s five that Property Observer suggests are helpful. http://www.propertyobserver.com.au/financing/interest-rates/56289-august-2016-rba-chart-pack-gives-interest-rate-insights.html
It is time for the state government to put the interests of first homebuyers at the top of its agenda. As part of a review of its Real Tax Policy ahead of the June 10, 2016 NSW Budget, REINSW has called for the state government to make amendments to stamp duty for first homebuyers. Home…
Closed circuit street cameras have been sold to the community as a way of making us safer, reducing crime and discouraging anti-social behaviour. But research into the Federal Government’s $50 million Safer Streets program shows its main effect has been unchecked proliferation of highly profitable commercial arrangements between governments and private firms, amid little evidence that it…
Understanding the intricacies of home and contents insurance policies can be complex, according to Canstar. Below are a few of the more common home and contents-related terms that you’ll need to understand – although keep in mind that policy wording can vary from insurer to insurer. As such this is just a very general guide…