Mar 19, 2020 | Property Market, Tax Tips
As proposed in the 2017 budget, the removal of the main residence CGT exemption for tax non-residents was legislated in Dec 2019. A rather draconian rule, the effect is that if you are tax non-resident on the date you sign the sales contract on your Australian...
Mar 3, 2020 | Finance, News and Updates
The Reserve Bank of Australia (RBA) has cut the official cash rate by 25 basis points to a new record low of 0.50% as the coronavirus outbreak impacts global financial markets. RBA Governor Philip Lowe said the coronavirus has clouded the near-term outlook for the...
Feb 20, 2020 | Property Market, Purchasing Property
Downsizers are tipped to take advantage of ‘the perfect storm’ and get the most out of the property market this year, predicts the national body representing professional buyers’ agents. With softer lending conditions and strong property prices tipped for 2020,...