New ATO Rule from January 1: Aussie Property Sellers Risk 15% of Sale Price Without This Document
As of January 1, 2025 all Australians selling property must now obtain a clearance certificate from the ATO or risk facing a 15% sale tax withholding.
10 Regional Towns Where House Prices Are Skyrocketing
Here’s a look at the top 10 regional towns in Australia for year-on-year median house price growth.
What is the Help to Buy Scheme?
Help to Buy is a shared equity scheme designed to assist eligible Australians in purchasing a home by significantly reducing the amount they need to borrow.
This just in the RBA has announced NO rate change
It’s official, the cash rate has held steady for the 6th month in a row at 4.35%.
Borrowers Keep Pace with Rising Costs and Mortgage Payments
Despite the economic challenges posed by rising inflation and interest rates over the last two years, the majority of borrowers have managed to keep up with their debt repayments.
First Home Loan Demand Surges
The journey to homeownership is becoming a reality for more Australians, as evidenced by the latest data has recently sourced from the Australian Bureau of Statistics.
Reserve Bank’s early Xmas gift to borrowers
The Reserve Bank has paused interest rates at its final meeting of 2023, delivering millions of families a reprieve from another rise in their mortgage repayments early in the New Year.
The outer suburbs are being impacted most by higher rates
Despite interest rates rising at a record pace, the number of mortgage holders in arrears remains around the long-term average of 1%.
RBA Raises Interest Rates to 4.1% in June Amid Concerns Over Inflation Plan
The cash rate target saw an increase to 4.1% in June, marking a ten-year record.