WA’s first home buyers grant will be cut back to $10,000 after the State Government announced it would end a $5000 boost at the end of next month. Treasurer Ben Wyatt said the $15,000 grant, announced by the former government late last year and intended to be in place for all of 2017, had not […]
Federal Budget 2017: Winners and losers FUNDING for the NDIS has been guaranteed in a win for disability services, while big banks are the big losers in the Budget. WINNERS * Disabled people Funding guaranteed for the National Disability Insurance Scheme, which is expected to cost $21 billion a year once it is fully implemented […]
AUSTRALIA’S peak property industry group has unveiled a plan to improve housing affordability, championing low-deposit loans for first home buyers, but warns against “playing with” negative gearing. The Property Council of Australia’s 10-point blueprint, released less than two weeks out from the Federal Budget, talks about reducing construction costs, boosting supply and removing barriers to […]
Rentberry caused a stir when it launched in the US last year, with criticism that the app would drive prices up further, especially in expensive markets such as San Francisco. A controversial Silicon Valley start-up that lets tenants bid against each other for rental properties will launch in Australia this year, amid fears it will jack Aussie rents up higher. Alex Lubinsky, co-founder of the San […]
Survey finds Australian borrowers could not make home loan repayments if they fell seriously ill. NEARLY half of Australian mortgages are worried about what being diagnosed with a serious illness would mean for their repayments, with some claiming to be incapable of servicing their home loans for even one month if they became seriously ill, […]