The latest housing finance figures released today by the Australian Bureau of Statistics (ABS) confirm the actions by the regulators and banks to dampen investor demand for property is working, according to the Real Estate Institute of Australia (REIA). “The value of investment housing commitments decreased by 1.0 per cent in April in trend terms. […]
The threshold for foreign resident capital gains tax withholding has been reduced to an unnecessarily low level and agents and conveyancers will be subject to additional red tape and costs for no valid reason, according to the Real Estate Institute of Australia (REIA). The initiative outlined in the 2017 Budget sees the threshold for foreign […]
The Federal Government should reconsider changes announced in the 2017 Budget to allowable deductions for investment property related to depreciation and travel to inspect property, according to the Real Estate Institute of Australia (REIA). “Whilst REIA supports the curbing of abuse of deductions, these two initiatives are contrary to the principles of a good tax […]
The latest housing finance figures released today by the Australian Bureau of Statistics (ABS) confirm that finance approvals for investor housing is moderating, according to the Real Estate Institute of Australia (REIA). “The value of investment housing commitments decreased by 0.3 per cent in March 2017 in trend terms. This is down from its 2015 […]
Special feature: Budget 2017-2018. Also in this issue: Federal Budget overview, What the politicians are saying, Industry stakeholders view on Federal Budget, Industry portal help agents comply with new underquoting legislation. To access your copy CLICK HERE
The 2017 Budget has recognised the need to address housing supply and affordability through a number of complementary measures, according to the Real Estate Institute of Australia (REIA). “The boost to infrastructure spending, measures to improve housing supply, the extension of small business concessions, and the retention of the current negative gearing as well as […]
Featured article: How are payments made for real estate transactions? Also in this issue: Changes to the commercial building disclosure program, Liveability delivers results, Profile of REIA’s Residential Salesperson of the year 2017: Natalie Downton of Downton Property Hobart. To access your copy CLICK HERE
The Real Estate Institute of Australia has urged caution in the actions of regulators and banks to limit bank lending in an attempt to dampen investor demand for property in Sydney and Melbourne. “Whilst warnings about interest-only loans and over committed borrowers might be justified in some circumstances it does not mean all interest only […]
The latest housing finance figures released today by the Australian Bureau of Statistics (ABS) confirm that finance approvals for investor housing is moderating, according to the Real Estate Institute of Australia (REIA). “The value of investment housing commitments increased by a modest 0.7 per cent in February in trend terms and decreased by 5.9 per […]
Included in this issue: Highlights of REIA National Awards for Excellence 2017, Industry heads down the professional path, First homebuyers access to super not a radical idea, National affordability and national market shapshot. To access your copy CLICK HERE
