The current WA real estate market is behaving quite differently to markets on the East Coast, so for us it was critical to look at the impact tinkering with negative gearing would have locally.
Investors as well as property owners can now breathe a big sigh of relief knowing that there will now be no changes to negative gearing as a result of the election of the Coalition Government.
We have an election outcome, but what now for property?
The need to re-establish the Australian Building and Construction Commission is very real and we urge the government to find a legislative pathway to deliver this important reform.
Foreign investors accounted for a record 42% of investment into Australian commercial property in 2015.
Commercial property investors are concerned political uncertainty will damage business confidence in Canberra, and are questioning the delay in determining the election outcome.
Malcolm Turnbull remains preferred Prime Minister by 51% of Australians, according to a new SMS Morgan Poll.
Reverberations from Saturday's stalled federal election outcome are being felt around the country.
The election outcome might not be known for days.
Di Jones Real Estate has hosted its inaugural ‘In Conversation’ with a panel of experts, revealing their opinions about the upcoming election, new legislation, and high auction clearance rates.
© THE REAL ESTATE CONVERSATION 2014. All rights reserved.