As of 1 July 2017 all residential sale contracts priced at $750,000 or more will require all sellers registered on the title (regardless of residency or citizenship status) to obtain an Australia Taxation Office Foreign Resident Capital Gains Withholding Clearance…
Queensland state budget: First-home buyers among the winners First-home buyers are among the big winners in the Queensland state budget, after it was announced the $20,000 First Home Owner’s Grant would be extended. The grant, which was set to expire…
Sit Back and Relax, Let a Mortgage Broker do the Hard Work for You…! If you like to spend you weekend researching interest rates, deciphering mortgage jargon, and scrolling through Banks T&C’s then you won’t need the help of a…
BAD CREDIT HISTORY? Bankruptcy, Part IX & Part X Agreements, Missed Payments & Bad Credit Reports. Have you or one of your potential clients had an issue with their credit file. Some people think that is the end of their…
Australian Prudential Regulation Authority (APRA) has recently announced that interest only loans are to be restricted to 30% of all new residential mortgage loans. Currently, interest only lending represents approximately 40% of residential lending. The Banks have been updating their…
What exactly is it, why does it exist and are you eligible to receive it? The First Home Owner Grant (FHOG) is a government initiative to help people purchase their first home in Australia. It is a national scheme originally…
The Residential Property market conditions appear to be almost optimum for the Gold Coast market at the moment – High Population Growth, Low Vacancy Rates and Low Apartment Supply, Sydney property market boom and Rental Yields growing. Attached is a presentation that we attended…
Home Ownership; Aged 25-34 went from 38% in 2002 DOWN to 29% in 2014. Aged 35-44 went from 63% in 2002 DOWN to 52% in 2014. Aged 45-54 went from 75% in 2002 DOWN to 67% in 2014. Why? Interest Rates at generational lows and Rents going up…
ING Direct has cut its lowest variable rate home loan for owner-occupiers by 15 basis points. ING’s Orange Advantage loan has been reduced to 3.79 percent, effective today. They are for owner-occupier loans with a minimum LVR of 80 percent. Fixed…
The $12,000 CASHBACK is an incentive designed to assist individuals, families and retirees looking to build a new home in Hervey Bay. Follow this link to find out more; www.destinationherveybay.com.au/grant-eligibility Doesn't affect your First Home Owner's Grant. We recently helped a…