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How depreciation affects capital gains tax
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How depreciation affects capital gains tax

In this Real Estate Talk show we answered a question from one of our listeners on depreciation and capital gains tax. We asked Brad Beer from BMT Quantity Surveyors for his thoughts. Here’s the transcript: Kevin:  I had a question sent in from Gary. I have an investment property that I claim depreciation on each tax year. Can…

Sydney won't grow by 2.1 million in 20 years (IMO)
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Sydney won’t grow by 2.1 million in 20 years (IMO)

I feel like a one-man fact-checker today; not sure what’s wrong with me. A tagline that’s been run with a lot in the media recently, including several times today: “Sydney’s population to grow by 2.1 million in 20 years”.   When you think about the mathematics of that, though, it’s highly unlikely, in my opinion….

Weekend auction markets continue to run strong
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Weekend auction markets continue to run strong

Auction volumes increased with 3,367 properties taken to auction this week.  This was the second highest number of reported auctions this year for the combined capital cities, up from 2,987 over the previous week. Despite the surge in auction numbers, market volume is still significantly lower than the corresponding week last year (3,729). The preliminary auction clearance rate, despite…

The deductions property investors often throw away
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The deductions property investors often throw away

Depreciation schedules should be arranged before and after any renovation  All too often we see investors contacting specialist Quantity Surveyors to organise a depreciation schedule after they have completed renovations to an investment property. In most instances this is too late for the investor to claim all of the deductions they are entitled to. If…

Western Australia’s economic future remains uncertain after the mining boom: study
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Western Australia’s economic future remains uncertain after the mining boom: study

Mining will continue to be a dominant force in Western Australia’s future but the health sector is the more likely to deliver jobs and growth than tourism or agriculture, new research shows, writes… Alan Duncan, Curtin University; Rachel Ong, Curtin University, and Yashar Tarverdi, Curtin University The mining industry will still be important to WA’s…

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