The good and the bad from scrapping negative gearing

The good and the bad from scrapping negative gearing

Tweet Negative gearing is a hot topic of discussion in the lead-up to the Federal Election on May 18, but what would changes to the current policy really mean for Australians? For those confused about what negative gearing means, it’s essentially when the income from an investment property (i.e. the rent) is exceeded by the costs to hold into it. While making a loss on a property is never the ultimate goal of an investor, Australia’s negative gearing policy currently allows property investors to deduct their property losses from...

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Tips to help you get a head start on your Easter property hunt

Tips to help you get a head start on your Easter property hunt

Tweet The Australian property may be cooling, but there’s still going to be plenty of buyers around over Easter looking for their dream home. Some buyers may think that they have better odds in securing a home because the market is slower, however competition for a property can become fierce from just one or two other interested buyers involved. To ensure you don’t miss out to another buyer it’s best to get organised before you start your property hunt. Determine your borrowing power It’s not as easy to borrow money as...

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4 easy home projects you can complete over the Easter weekend

4 easy home projects you can complete over the Easter weekend

Tweet With many people having four days off over the Easter weekend (and the ANZAC Day public holiday coming up too!) there’s no doubt that a lot of much needed DIY home projects will be getting underway. Spending some time refreshing your home over Easter is a great idea for those who need to prepare their home for sale, or even for those who are just looking for a simple update. Since there is only so much you can get done in a long weekend you may need to prioritise what gets done. Here are some ideas that will make sure your...

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What does the 2019 Federal Budget mean for property?

What does the 2019 Federal Budget mean for property?

Tweet If you were hoping that the latest federal budget would throw a bit of money your way to help make breaking into the property market easier, you’re going to be a little disappointed. However this year’s budget does feature policies that may indirectly help you on your homebuyer journey. Tax cuts Having a bit more disposable income is one way to help Australians save for that all-important deposit. The latest budget includes plans for tax relief for those earning up to $126,000 per year. Those in the $48,000 to $90,000...

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New report reveals time needed to save for a house deposit in Melbourne

New report reveals time needed to save for a house deposit in Melbourne

Tweet The property market isn’t all doom and gloom, with a new report from Domain finding that first-home buyers are in a much better position to buy in Australia’s most expensive cities than they were a year ago. The Domain First-Home Buyer Report for March 2019 analysed entry-level property prices in the most affordable areas of Australia’s capital cities, to identify how long it would take to save for a 20 per cent home deposit. Surprise, surprise, the Sydney property market is the toughest to break into in the country,...

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