3 tax tips for Inheriting property
Inheriting property has the potential to significantly change your life – so make it count! In this article Catherine Chivers, Senior Manager of Strategic Advice at Perpetual Private addresses some of the biggest questions when it comes to inheriting property. She explores the complexity involved in receiving an inheritance and draws on her experience working with clients…
A housing affordability crisis in regional Australia? Yes, and here’s why
The newly released annual Demographia report on housing affordability has found – once again – that Australia has some of the least affordable housing markets in the world. Sydney was ranked as the second-least-affordable housing market behind Hong Kong. This news came just a day after incoming NSW Premier Gladys Berejiklian announced that improving housing…
Housing (and home loan) affordability … again
By Wealth Foundations The “experts” claim housing is as affordable as it was in the 1980’s … We have discussed housing affordability, either directly or indirectly, in a number of previous articles e.g. “Are Australian house prices too high?” of August 2012. Our view of almost three years ago was that housing prices then were…
Life in a windowless box: the vertical slums of Melbourne
Ralph Horne, RMIT University and Megan Nethercote, RMIT University Australia’s apartment boom is in full swing. Nationally, 40% of new dwellings are now apartments or units, and building approvals outnumber those for houses. Melbourne and Brisbane are the most extreme cases, but these trends are national; and they are fundamentally reshaping the future of urban…
Is residential property a good investment?
By Wealth Foundations There has been a surge in residential property prices recently, apparently driven by investors rather than homeowners. Like most Australians, their answer to the question, “Is residential property a good investment?” would clearly be “Yes”. And typical reasons given would include: – It’s safe and always goes up in value. In fact,…
Is Rent Money, “Dead Money”?
By Wealth Foundations Rent is the price of housing accommodation The home building industry often promotes to potential young home buyers that rent money is “dead money” i.e. money down the drain. It encourages them to stop paying rent and, instead, use the money to pay off the mortgage on their own new home. I…
