Ahead of the government’s roundtable later this month, the industry body has pressed Treasurer Jim Chalmers to make tax reforms. The Mortgage and Finance Association of Australia (MFAA) has called on the federal government to carry out a range of tax...
Demands for negative gearing reform have recently come from an unlikely source – a mortgage lender. HomeStart Finance, a first home buyer specialist owned by the South Australian government, has responded to the release of last week’s tax discussion...
The Property Council of Australia says scrapping negative gearing is an ill-conceived policy that would hurt poorer Australians. The lobbyist's chief executive Ken Morrison has criticised a proposal by The Greens, who want to remove negative gearing...
A program to fast-track qualifications for 6,000 tradies has been unveiled by the Labor Party in its latest pledge to boost housing supply. After both major parties faced criticism that their election pledges relied too heavily on demand-side...
Tax changes on investors are set to push borrowing away from existing properties and towards new builds and specialist ownership structures, reshaping loan demand. Investor tax reforms in Tuesday’s federal budget are expected to gradually cool demand...
The strong rental market seen in 2022 combined with fewer first home buyers poses opportunities for investor lending this year. With rents rising at a time when property prices are falling, 2023 could bring new opportunities for investors, CoreLogic...
An inquiry has exposed growing housing hardship as the federal government’s contentious tax shake‑up reaches a pivotal upper‑house test. A Greens‑initiated inquiry into intergenerational housing inequality has heard bleak evidence on rents, prices, and...
The Reserve Bank of Australia has announced its decision to leave the official cash rate unchanged at 0.25 per cent this month, as the industry muses on what the future holds for interest rates. Mortgage Choice CEO Susan Mitchell noted that the...
Staff Reporter Secretary of Treasury Martin Parkinson’s comments around stamp duty have been applauded by other industry pundits. Speaking at a conference yesterday, Mr Parkinson called on the government to abolish state-based real estate stamp duties....
Staff Reporter The Housing Industry Association has labelled the Federal Budget “disappointing”. The budget, which was released last night, failed to inject much needed stimulus into the housing market. While the Budget did manage to provide a handful...
A second property organisation has come to the defence of investors in the wake of the industry’s debate on housing affordability, and has outlined two strategies to tackle the issue. The Property Council of Australia said in a statement that while...
The global lender has urged a rethink of the federal government’s flagship deposit guarantee program, while making numerous recommendations on tax reform and housing supply. The International Monetary Fund (IMF) has cautioned that the federal...
Australians Tax Offset and the standard $1,000 tax deduction option. Get the full analysis here. 12 May Government to reform housing tax The federal government has confirmed it will overhaul the tax system and bring in more initiatives to shake up the...
Staff Reporter Australia is staring down the barrel of a housing downturn, a new report has found. According to the Housing Industry Association’s National Outlook report, housing starts are forecast to decline by a further 4 per cent as federal...
Housing will be one of the big issues on voters’ minds in the run-up to the next federal election, according to new Mortgage Choice research. The latest Mortgage Choice Home Loan Report has revealed that housing will be a key election issue for voters...
Sluggish new house supply has exacerbated affordability problems for prospective home buyers. Housing affordability has deteriorated further with the average number of years required to save for a deposit rising to a near-record high of 10.6 years,...
Housing affordability should be redefined as a ‘chronic disease’ and a national health style strategy implemented to alleviate pressure on working families, according to managing director of Archicentre, Robert Caulfield. “There has been an urgent need...
House prices are slowing across Australia, the major bank has warned during an economics webinar. NAB’s outgoing chief economist Alan Oster has said that annualised house prices across Australia in the last six months have slowed and a significant...
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 9 September. Welcome to The Adviser’s weekly round-up of the headline stories and news that are important not only for the mortgages...
Type:
Article
Author:
Adrian Suljanovic
Category:
Borrower
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