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The week that was in property
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The week that was in property

The Reserve Bank (RBA) released the minutes of their October monetary policy meeting earlier this week. At the meeting the RBA board decided to keep official interest rates on hold at 1.5%. The major points of note from the minutes were: • GDP growth moderated in the June 2016 quarter however, it was higher than…

Let the high rise downturn commence...
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Let the high rise downturn commence…

Commencements to slow  In some markets and circumstances, declining dwelling commencements can be a fair indicator that prices may be about to follow suit. I don’t want to generalise too much here, because there are of course different sub-markets and sectors. Nevertheless, note how in Western Australia the dwelling price index peaked in Q1 2014,…

My Kids (almost) Never Ask for Money
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My Kids (almost) Never Ask for Money

I hear it all the time – fathers complaining that their teenagers treat them like an ATM.  I have a couple of teenagers myself, plus a five-year-old. Once upon a time their doe-eyed expressions and vice-like hugs challenged my principles and many times, I succumbed. But that was a long time ago and now, most…

Buying part of my neighbour's land | Ken Raiss [Podcast]
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Buying part of my neighbour’s land | Ken Raiss [Podcast]

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When it comes to land purchase, there are many implication to consider.  In a a recent Real Estate Talk Show Ken Raiss  from Metropole Wealth Advisory answers a question about possible tax implications when doing a subdivision by acquiring a portion of a neighbour’s land. Here’s a transcript of the interview: Kevin:  This time, we’re going to answer a…

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