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As adults we often forget that at one point in our life we saw the world and the people around us in a much different light— we saw the world through a child’s eyes. As we grow up and mature, we allow life and rules to restrict some of the greatest instincts we had as…
In a surprise twist, the flood of government stimulus combined with financial actions of households in response to the COVID-19 pandemic has pushed the nation’s household financial comfort to a near-record high. But troubling data raises serious questions about what will happen if government support is tapered too much and too soon. These are the…
I bet you don’t like paying tax. I know I don’t. But I also recognise that it’s important for all of us to pay our fair share to pay for our roads, police, hospitals and our politicians. Okay maybe we shouldn’t have to pay for the politicians – now that’s being a little bit nasty…
One of the most impacted sectors of our housing market amidst COVID-19 has been the rental markets. The latest ANZ-Core Logic Housing Affordability report shows that the rental market has been more heavily affected than the buyers’ market in the current crisis, with a combination of falling demand and rising supply. However, Australia does not…
The rental markets across Australia have been widely impacted by the Coronavirus pandemic . In the current crisis, the rental market has been more heavily affected than the buyers’ market, with a combination of falling demand and rising supply. However, as with property values and transactions, Australia does not have a ‘single’ rental market. Australia…
The Victorian Government has introduced rent relief grants for eligible tenants experiencing rental hardship as a result of the coronavirus (COVID-19) pandemic. The problem is, most tenants and landlords don’t really understand what this involves, so let’s have a look at some of the key aspects provided by the government. In this article I’ll explain…
What will be the normal way of urban living when the COVID-19 crisis passes? What aspects will remain with us and what will disappear? The coronavirus pandemic has thrust us into a moment of rapid change. Like all change, it is difficult to predict. But lessons from history provide us with two important insights. First,…
Just when we thought we saw a light at the end of the tunnel, we are now wondering is this a train wreck heading in our direction or is it the bright sunshine as we move out of the tunnel? The Australian economy was in recession during the first half of 2020, which was the…
There have been changes to the taxation legislation to limit deductions that can be claimed by property investors for holding vacant land. These changes received royal assent on 28 October 2019 and apply to costs incurred to hold vacant land on or after 1 July 2019, even for land held before that date. But since many investors…
Treasurer Josh Frydenberg has spent billions trying to save us from recession. The winding down of JobKeeper scheduled for September means he’ll have to spend billions more. Many of the stimulus measures talked about are focused on the traditional targets of infrastructure and residential construction. But this recession is different to previous ones. It has…
