Who will need them and how will the passports impact the economy?  Last week, Prime Minister, Scott Morrison threw his support behind the concept of vaccine passports being used by Australian businesses, stating “It’s got nothing to do with ideology, and these issues around liberty and so...
Melbourne Property Market
Melbourne has gone through a rollercoaster throughout the COVID-19 pandemic. So is now a good time to invest in the Melbourne property market?  Melbourne has one of the richest cultural histories of any Australian capital city. Melbourne was the filming location for the world's first feature...
Australia’s lauded COVID-19 strategy is wearing thin.  Australia has been the envy of the world for most of the COVID-19 pandemic, and it’s no surprise why. Effective testing strategies and lockdown measures have helped to keep the virus at bay, yielding the lowest death rate per capita of...
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What goes up, must come down. But few would have predicted that a Government scheme could be the cause for the slowdown of Australia’s property market.   Over the past 25 years, the average annual growth rate of the Australian property market has been roughly 6.8% for houses and 5.9% for...
The latest lockdowns have brought Melbourne's auction clearance rates back to 2020 levels.  New data from CoreLogic has found that only 63.3 percent of capital city auctions held this week were successful - the lowest clearance rate seen since the height of the pandemic in July last...
Brisbane Property Market
The Brisbane property market is set to soar in the lead-up to the 2032 Olympics. Let’s learn a bit more about Brisbane’s property market.  Table Of Content Brisbane Property Market News [October 2021] Brisbane Property Market Growth & History Brisbane Property Market Forecast...
Australians are now getting less bang for their buck than ever as ABS data finds wage growth is at record lows.  On Wednesday, data from the Australian Bureau of Statistics (ABS) revealed some concerning information about Australia’s wages; they’ve been moving backward.  For the year,...
If you’re hoping to buy property in New South Wales, stamp duty is likely putting an additional strain on your finances. Well, that might be about to change.  For many, stamp duty can add tens of thousands of dollars to an already expensive property purchase. In Sydney, for example, where the...
Have you ever considered doing a small property development? Here are a few reasons you should quit considering it, and just do it.  The Australian property market has never been hotter - with the highest annual growth rate seen in over 17 years and prices up more than 16% in the past 12 months...
With more than half of the country now in lockdown, the threat of another recession looms over Australia.  Prior to COVID-19, Australia had developed a reputation for avoiding recessions, which is defined as two consecutive quarters of economic decline.  Australia hadn’t experienced a...
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The COVID-19 pandemic has seen a boom in mergers, acquisitions and capital raises in Australian companies.  Real estate isn’t the only market that’s booming in Australia during the pandemic, as mergers, acquisitions and capital raises soar to new heights throughout 2021.  The recent USD...
It looks like the RBA may increase interest rates sooner than expected - and this could impact your monthly repayments. The Australian housing market has been exceeding expectations during this pandemic, with over 200 suburbs joining the million-dollar club in the past 12 months and the total...
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Economists predict that Sydney’s lockdowns, if extended again, could bring Australia’s second recession since the pandemic started.  When it comes to Australia’s economy, Sydney is a powerhouse that provides nearly a third of Australia’s GDP.  That’s why these latest lockdowns...
Sydney is one of the most beautiful cities in the world, which is precisely why its property values keep climbing. In this article, you’ll find all of the latest Sydney property market news. Table Of Content Sydney Property Market News [October 2021] Sydney Property Market Growth &...
Sydney’s Lockdowns have been extended for a further 4 weeks - and that might be just the beginning. Here’s the support that’s available to help you get through it.   Table of content Australian Defense Force to be Deployed Could the lockdown be extended further? JobKeeper...
NAB Predicts Australia’s Housing Market Growth Will Continue Through 2021
The National Australia Bank (NAB) has outlined its predictions for Australia’s property market over the next 12 months.  In a recent Residential Property Survey, NAB has upped its growth forecasts for both Sydney and Melbourne property markets throughout 2021, while cutting the bank’s...
Foreclosures
 Foreclosures Introduction to foreclosure What are Mortgagee repossessions Foreclosure Properties Buying Pre-Foreclosure Property Risk buying a foreclosure property What causes a mortgage foreclosure How do foreclosure auctions work How to find...
Australia will host the Olympics for the third time as Brisbane has won the bidding process for 2032. What does this mean for Brisbane’s economy and property market?  In a landslide vote by International Olympic Committee delegates in Tokyo, Brisbane was elected to host the 2032 Olympic...
The Australian Banking Association has rolled out support measures for Australians struggling with the latest COVID-19 lockdowns.  Victoria's lockdowns have just been extended for a week after 13 new local cases of the Delta variant of COVID-19 were reported on Monday in the state.  South...
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A ban was placed on all non-urgent construction within New South Wales amid rising COVID-19 cases. Cases of the Delta strain of COVID-19 have continued to spike across the country with Victoria reporting 12 new cases today and NSW reporting 98.  The increases in case numbers have prompted a...
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The COVID-19 pandemic wrought havoc upon Australia’s economy. However, new modelling shows that the pandemic has also helped to cause the property boom that we’re seeing now.  It’s no secret that the Australian housing market has thrived over the past year and a half, having reached a...
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The New South Wales government has just released its COVID-19 relief package following an extension to lockdowns.  New South Wales’ lockdowns have been extended for 2 weeks, set to remain in place until July 30th after NSW reported 97 new cases of COVID-19 today. Speaking on the lockdown...
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With 112 new cases of COVID-19 recorded today in NSW, the lockdowns will likely be extended. But how will this impact the economy?  Today, NSW recorded 112 new cases of COVID-19, bringing the total number of active cases in the state to 664. !function(e,i,n,s){var...
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The RBA has reaffirmed that it will keep its record low-interest rates until 2024 - defying the predictions of the big banks.  Late last year, the Reserve Bank of Australia (RBA) cut its cash rate to a historic low of 0.1 percent as a means of addressing the economic downturn brought about by...
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Stamp duty from the booming property market has cut the state’s projected deficit in half.  It’s no secret that Australia’s property market is thriving, and now the 2021 NSW budget is enjoying the benefits of the boom.  Stamp duty generated $9.379 billion for the 2020-21 financial...
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Not even fears of COVID-19 seem to be capable of slowing down the thriving property market in Sydney.  Sydney’s latest cluster of COVID-19 cases have done little to dissuade those keen on buying property, as recent data highlights the persistent strength of Sydney’s auction clearance...
The property market is a great way to build wealth - Here’s how to do it.   The rapidly spreading delta variant of COVID-19 has thrust much of Australia back into lockdown. However, Australia’s property market has continued to remain strong. Auction clearance rates are holding up amid...
Ways to build wealth in 2021
Ever wondered how you can build your wealth and set yourself up for the future? Here are some tips.  Table Of Content Mindset & wealth Budget & balance Investing to grow wealth Building wealth with Real estate Property flipping case studies Protecting your...
finding great deals in a booming property market
Australia’s property market is running hot, but with property values at record highs, how can investors find a good deal?  The combined value of Australia’s housing market now sits at $8.4 trillion as of June 2021, as record-low interest rates and favourable lending conditions have helped...
As Australia is plunged into multiple lockdowns, it’s time for businesses to brace themselves again for impact.  Just weeks ago, the Australian economy was making a remarkable recovery with unemployment returning to pre-pandemic levels and the booming housing market helping to cut budget...
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