Reserve Bank of Australia (RBA) met for its August meeting and decided to cut the official cash rate by 25 basis points to just 1.50 per cent. This result was widely predicted with many experts tipping the RBA would lower the rate to provide some stimulus for the economy following last week's disappointing CPI numbers. At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.50 per cent, effective 3 August 2016.
Reserve Bank of Australia Board decided to lower the cash rate by 25 basis points to 1.50 per cent, effective 3 August 2016
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Selling your property at auction? Here are some simple strategies that can help you achieve better results.
Have you decided to selling your property at auction? Here are some simple strategies that may help you get a better result.
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What is land tax?
Land tax is a tax that is applied to the value of any property you own or jointly own which is more than the land tax threshold as at midnight on 31 December of every year and is not applicable to your home or your principal place of residence.
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Home owners warranty changes
In NSW on, 6th May 2014, there was a announcement in regards to the removal of Home Owners Warranty obligations for owner builders. In other words owner built homes will be sold with no home owners warranty protection for the new purchaser. This decision will significantly impact the viability of owner building in NSW.
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Strata property: Important facts
A strata scheme is a system of multiple ownerships in a strata community or in other words every unit owner owns a portion of the strata community. Strata schemes can be though of as small communities. In a shared environment it is important to understand your privilages, obligations and responsiblities while owning or living in a strata unit.
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Stamp duty - how much will you be paying on your property purchase?
Stamp Duty or Transfer Duty is a revenue levied by State on sale of real estate, or other dutiable property, business etc.
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Property purchase costs: better to prepare upfront
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Purchasing investment property - your rights & responsibilities as a landlord
Are you purchasing investment property?It's important to understand what your obligations are in relation to the existing tenancy agreement. Along with benefits of buying a tenanted property, there are responsibilities and potential downside.
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