The property tax pile-on takes off
Cash-strapped states have upset investors with a surge in land tax charges, so who will be hit next and which state will take advantage of the disenchantment?
Cash-strapped states have upset investors with a surge in land tax charges, so who will be hit next and which state will take advantage of the disenchantment?
The rise of grandparents paying for school fees or mortgages has seen an ‘exponential rise’ in legal claims by grandkids as courts leave it open to them to fight for more inheritance.
NSW is set to impose higher land tax costs for property owners – a move that has already helped flatten price growth in Victoria.
Fear of missing out is gripping the market and this time it’s with unlisted assets, but traditional investors are this year’s big winners.
The financial advice sector is shrinking, and infighting between big funds and advisers means nothing is going to improve anytime soon.
Once the default answer for Australian investors, big super industry funds are facing an end to the days when the money rolled in.
Mortgage brokers are telling homebuyers to hold off until after July 1 tax cuts when they’ll be able to borrow more, countering Labor’s promise the measure wouldn’t be inflationary.
Despite strong conditions, property investors are quitting as state taxes and high rates quash confidence, particularly in Melbourne and Sydney.
They are younger, have less money and don’t have a financial advisor. Welcome to the new generation of investors attracted to self managed super funds.
Despite perceptions to the contrary, new banking data suggests the amount being lost to scammers has declined over recent months.
Original URL: https://www.theaustralian.com.au/author/james-kirby/page/13