Generally, you don’t pay capital gains tax (CGT) if you sell the home you live in (under the main residence exemption). And in return, you can’t claim income tax deductions for costs associated with buying or selling your home. But sometimes things change. You rent out your home for a while, you subdivide your property,…
How will the Russian-Ukrainian conflict affect the investment markets? What are the 5 big picture implications of the war? What is about the Australian shares’ resilience? These and other questions were raised and answered by Dr. Shane Oliver, Head of Investment Strategy and Economics and Chief Economist at AMP in his recent Insight. Here’s what…
Is this continued media cycle of mixed messages leaving you feeling a little confused? Well, standby. From the people that bought you the 40% house drop, the job keeper and mortgage cliffs and the last one out of the Cities turn the light off, comes… Reverse migration as sea and tree changes head back to…
Amid record house prices, rising demolition fees, and surging construction costs a new trend is emerging: free houses. Just last month, the owner of a 4-bedroom house in Kirrawee in Sydney’s Sutherland Shire advertised their property for free. But there’s a catch. It doesn’t come with the land it sits on. The 60-year old house,…
There’s a property risk you probably haven’t thought about. Well…maybe after the severe floods we’ve just experienced you are thinking about it now. Sure you’ve likely given thought to the impact of climate change on weather, our lifestyles, and what kind of future our kids will inherit. But have you ever considered climate change in…
As some countries begin to pull out of pandemic-induced lockdown, and the corporate engines of “return to the office” begin to whir, an open question hangs: What kind of jobs will people return to following months of work-from-home exile in “Remotopia”? Will the online “big-bang” of the 2020s (when everything that could go online did go…
National dwelling values rose 1.1% over January, up from the results seen in December (1.0%). This uptick was almost entirely driven by the lower density sector with national house values increasing 1.3% in January, up from 1.2% in December, while unit value growth slowed from 0.4% to 0.3%. Despite this, both houses and units recorded…
In the past week, three of our four major banks have changed their outlook for house prices and are now predicting the biggest housing crash in decades. It will I be right? Economists at Commonwealth Bank and National Australia Bank are forecasting house prices to fall by 10% next year and Westpac forecast house price…
Australia’s leading economists have overwhelmingly endorsed a return to the highest immigration intake on record, saying Australia should aim for at least 190,000 migrants per year as it opens its borders, up from the target of 160,000 per year set ahead of COVID. More than a third of those surveyed believe 190,000 isn’t enough, arguing…
A lot has already been written about trends, predictions, and forecasts for 2022. Yet today, I’m going to be chatting with leading demographer and futurist Simon Kuestenmacher about the demographic, social, and economic trends that will shape 2022. This is the type of information property investors, business people, and entrepreneurs need to understand to make…