The number of people signing a petition for tighter rules on foreign ownership of Australian property has hit 26,000. The boost to the number of signatories to the petition – there’s been a jump of 20,000 in a month – comes as the boss of a prominent Chinese property website predicted foreign investors’ passion for Australian real…
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hen you inspect a property, what precautions do you take to make sure you’re making the right investment? Pest control? Foundation check? A full building inspection? These are all good places to start, but don’t forget to check the drainage diagram. Don’t forget to check the drainage diagram. Drainage diagrams should be lodged with the…
Property is a top investment choice for many Australians, and so it makes sense that more of us are becoming landlords. Being a good landlord takes a little more effort than just sitting back and collecting the rent and taken on the title comes with certain responsibilities. 7 things to know about being a landlord Here’s our…
Seasoned sellers spill the beans on how to leave an auction smiling. Most of us know how emotion-charged home auctions can be. The stakes are high; both buyers and sellers have a whole lot of coin at stake. Fortunately, there are umpteen ‘how to’ bid guides based on the expert views of buyer’s advocates, hardcore…
Australians adore their DIY, but the experts are warning not to risk playing ‘renovation roulette’ with asbestos. At least one in three Australian homes contain asbestos, and November is Asbestos Awareness Month – dedicated to making sure people know what this deadly material it is and how to avoid its toxic impacts in the home. Read…
Melbourne Cup is traditionally a day for making bets, and one economist has gone the long odds on what the Reserve Bank will do in 2015. On Tuesday the central bank left the official cash rate on hold at 2.5 per cent for the 15th consecutive month. Despite rates being at 60-year lows, Domain Group…
Mortgage lenders are aggressively chasing new customers as property prices continue to strengthen in the main capitals but that doesn’t mean lending institutions are letting their credit standards slip. The truth is that gaining approval to borrow the sum you need to buy property isn’t always as easy as the advertising campaigns of the big banks…
First-home buyers were most active in the suburbs surrounding Werribee, according to data from the State Revenue Department. There were 1803 first home buyer duty concessions from July 2011 to June 2014 in the postcode encompassing Hoppers Crossing, Tarneit and Truganina. In the postcode encompassing Werribee and surrounding suburbs there were 1656 payments issued. The top…
I want to share with you seven relatively easy ways to achieve your financial goals with very little personal effort. As I incorporated more and more of these small tips into my daily life, the savings started to add up and saved me thousands over the course of a year Investors are constantly looking at ways…
The wealth profile of Australian households has changed phenomenally over the past 25 years, according to a recent paper from the Australian Centre for Financial Studies. Thanks to increases in asset prices and the introduction of compulsory superannuation in 1992, most households are much wealthier than those of previous generations. Total household wealth in 2013 reached $6,689…