The proposed merger between aggregation groups Connective and Australia Finance Group has been given the green light to go ahead by the competition watchdog. After several delays and ongoing consultation, the Australian Competition and Consumer Commission (ACCC) has today said that the proposed $120-million merger between...
Although the full impact of Covid-19 is yet to hit the Australian property market, researchers predict the downturn won't last long. Once the economy gains momentum, the property market recovery should be swift, a trend often seen in the first five years after a recession according...
Staying at home in social isolation has done wonders for land sales, which surged during lockdown to their highest level since mid-2018, latest figures show. Latest South East Queensland data from property services group Oliver Hume showed sales at 150 projects across Brisbane, the Gold Coast,...
The MFAA is working to ascertain how lenders will treat borrowers with unconditional approvals that are facing “pre-settlement hardship” as a result of COVID-19. As the economic fallout from the coronavirus pandemic continues, the broking industry has raised concerns around the treatment of borrowers with unconditional...
‘In business, you do not get what you want. You get what you deserve’ What a wonderful Summit hosted in Brisbane last week, aligning amazing motivational speakers to boost broker’s productivity and help them reaching their highest potential. We had an overview of Australia’s demography; it was...
Four capital cities and one major regional location are the best picks for investors in 2020 with major infrastructure projects and rental yield driving property investment growth. Although first home buyer loans hit the highest rate since 2009, investor lending also increased 4.9 per cent reveals year-on-year data...
Property investors are entitled to several taxation benefits however many fail to take full advantage of the depreciation deductions available to them. While most investors are aware of claims for expenses such as interest on their loans, council rates, property management fees and repairs and maintenance...
The RBA kept the official cash rate at a record low 0.75 per cent at its February meeting, the first of 2020. Tim Lawless, CoreLogic's head of research, said the result wasn't a surprise given the ongoing uncertainty brought about by the extent of the bush...
La prochaine victime du virus de Wuhan pourrait être l'économie australienne. Au total, cela pourrait coûter 2,3 milliards de dollars au pays et quelque 20000 emplois, selon une analyse de PricewaterhouseCoopers, qui a estimé que le virus aurait un effet boulet de canon dans les 9,2...
A glamorous trophy home with a spectacular rooftop pool and bird’s eye view of the Gold Coast has hit the market with an asking price of more than $5 million. The luxurious four-bedroom, three-bathroom penthouse in the Oracle at Broadbeach is owned by an...
