RBA Leaves Door Open For Further Rate Cuts

  The Reserve Bank has signaled that further interest rate cuts are a possibility. The downgraded its near-term forecasts and inflation is now expected to remain at the low end of the 2-3 per cent target band. The key assumption around the low inflation outlook rests on a further easing in labour costs or an [...]



The Reserve Bank of Australia (RBA) has provided huge relief, slashing interest rates by 50 basis points.

The cut is the first since December 2011 and takes the official cash rate to 3.75 per cent, from 4.25 per cent. The rate cut, widely predicted by economists,  is likely to ease financial pressure on thousands of households across Australia, with average mortgage holders likely to benefit by about $1000 annually if the banks pass [...]



Free eBook: Tax Depreciation Myths and Truths – By Tyron Hyde from Washington Brown

Click here to get a copy of Tyron Hyde’s eBook – Tax Depreciation Myths and Truths. Great reading and full of tips.



Gladstone: Australian Property Investor Magazine TOP 100

  Australian Property Investor has just released its Top 100 suburbs of 2012. Gladstone comes in at No 34. In my opinion any of the Top 50 can be numbered in any order and they all have the best investment potential. Australian Property Monitor, Herron Todd White (HTW), PRD-nationwide, RP Data and Real Wealth Australia [...]



Should RBA slash rates by 50 points?

It’s an odds on bet that the Reserve Bank will cut official interests by 25 points. The question really is will it be more aggressive and cut by 50 points. All yes will be on the inflation numbers next week. Its unlikely they will be any different from the past moderate figures, therefore confirming the [...]



We need to lower rates to lift private spending

FRANK GELBER, ECONOMIST Date: 5 April 2012 Source: The Australian PROPERTY markets — along with the economy — are still soft, so we’re going to have to be a little patient. On the positive side, it gives us time to get set in an undervalued market. Overall, growth isn’t too bad now, but much of [...]



Wake up! Boom nation with recession mentality fails to savour $500bn prosperity road ahead

TERRY RYDER, HOTSPOTTING Date: 5 April 2012 Source : The Australian I HAVE a conviction, one that is confirmed everywhere I go, that Australians do not comprehend the scale of what’s coming to our economy. We’re on the threshold of the greatest period of prosperity in our history and there will be mega repercussions for [...]



Industry backs ’100 days’ blitz

Queensland Premier Campbell Newman has been given a ringing endorsement from the state’s property community, as the new government vows to reintroduce a key tax exemption and slash red tape. Within its first 100 days the LNP government will put up legislation enabling the reinstatement of stamp duty discounts for the principal place of residence [...]



Rates Update

The Reserve Bank of Australia (RBA) opted to leave the cash rate unchanged at 4.25% at its monthly meeting yesterday. In a move widely expected by economists, a relatively more stable economic outlook and lack of major domestic data seem to have contributed to the decision. That said however, the majority of senior economists believe [...]



Land tax valuation system under fire

Thursday, 29 March 2012 By: Staff Reporter The land tax valuation system is once again under fire as properties are being over priced by the NSW Valuer General causing greater tax rates for investors. Although a person’s principle place of residence is exempt from this tax, according to the Office of State revenue land tax [...]



Cash rate stays the same.

The Reserve Bank of Australia (RBA) opted to leave the cash rate unchanged at 4.25% at its monthly meeting today. In a move widely expected by economists, a relatively more stable economic outlook and lack of major domestic data seem to have contributed to the decision. That said however, the majority of senior economists believe [...]



Investment Property Calculator

Often we see investors purchase investment properties without knowing the numbers. An investment property calculator could have helped them to access if the investment property was cash-flow negative or cash-flow positive. Another important consideration is calculating the tax depreciation benefits. A quantity surveyors report will determine how much you can depreciate. Once you have determined [...]



Australian Rental Market

Let’s have a chat about the residential rental market. We all know that the vacancy rate remains tight. But few realise just how tight it has become. Of the 1,600 odd postcodes across Australia with rental properties in them, 475 or 30% have a vacancy rate under 1%. Seven out of ten postcodes have a [...]



Housing shortage could fuel price growth

A slowdown in new dwelling construction and record levels of overseas migration have induced a housing shortage across the country that is expected to prevail for at least the next four years. BIS Sharpnel’s Outlook for the Australian Residential Housing Market report indicated that there was a shortfall of around 100,000 dwellings in June. The [...]



Conservative valuations lead to deals going sour

By: Chris Herde From: The Courier-Mail March 09, 2012 9:35AM McGees Property director Justin Clarke says valuers are being excessively cautious. Picture: Tim Marsden UNDER-PAR valuations have resulted in a surge of property transactions either collapsing or needing to be overhauled, according to McGees Property director Justin Clarke. Mr Clarke said while the current market [...]



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