Other lenders fill the gap as big four clamp down on foreign borrowers
Though the big four banks have clamped down on lending to foreign nationals, other lenders have moved to fill the gap, and the share of properties bought by foreign nationals in the Australian market ticked higher at the end of 2016.
Just as consumer advocate group Choice showed Australian renters lack adequate security of tenure and face poor-quality amenities, data from the RBA shows renters are forced to move more often than home owners.
Is the government considering changes to capital gains tax for investors, or not?
Last night's report in The Australian Financial Review that the federal government is considering cutting the capital gains tax discount for investors was quashed this morning, when the prime minister said, "We do not support the Labor Party’s plans to increase capital gains tax."
Real estate social-media strategy: Don't forget it's a social thing
In part two of the three-part series 'The 2017 real estate social-media primer', author Lee Wade, head of digital CoreLogic, explains how real estate agents can engage their local community with social media.