First National Real Estate's Ray Ellis is leading the charge in keeping families and their much-loved furry and four-legged friends together by urging landlords to consider being pet-friendly to stop the unnecessary euthanasia of family pets.
First National Real Estate’s chief executive, Ray Ellis says that rental reforms announced by the Andrews Government stand to hurt tenants more than they will help them, and will ultimately drive up rental prices.
With median house prices continuing to push first home ownership further into the future for many Australians, renting longer term is now the norm rather than the exception for both Baby Boomers and Millennials.
Keeping your records up to date will ensure you pay accurate capital gains tax, and reduce the likelihood of receiving a hefty tax bill at a later date.
A change in negative gearing arrangements will put that at risk economic growth and cut the asset base of Australian households at a time when we need to facilitate further sustained growth in the housing sector.
If we abolish or restrict negative gearing, the potential for investors to choose other asset classes instead of property could exacerbate the already slowing trend of investor lending.
While it is reasonable to review the fairness of the current negative gearing/capital gains tax arrangements, the Reserve Bank has indicated it would rather change capital gains tax arrangements than negative gearing.
