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."
Boiling weather spilled over into a hot auction market on the weekend
Auction clearance rates were well ahead of results for the same time last year, according to CoreLogic, indicating that despite volumes almost doubling from the previous week, buyer demand is still red hot.
Rates on hold, but housing affordability remains 'hotly debated'
The Reserve Bank has left interest rates at historic lows as economic conditions improve, but the property industry says other measures are required to improve housing affordability.
Low rates, limited supply hold Sydney, Melbourne auction clearances aloft
Sydney and Melbourne auction clearance rates held above 70% over the weekend, as the prospect of continued low interest rates spurred buyers to compete for scarce listings.
The strategic approach to adding value to commercial property: Melbourne Acquisitions
In commercial or retail real-estate investment, make decisions about your tenancy, lease, and cash flow with a view to adding value to the investment over time, says real estate agent and property manager Melbourne Acquisitions.