Australian Property Updates

Property Information & Real Estate Updates

Taxation reform on housing untouched for now – by REIA

The Real Estate Institute of Australia (REIA) is disappointed the Government hasn’t tackled the hard reforms for inefficient state taxes in its response to the Henry Review, which would have further contributed to economic growth. “The Government’s first wave response to the Review has been confined to reform resource, company and small business taxes and superannuation,” said REIA President, Mr ...

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Michael Yardney Property Update

Michael Yardney, Australia’s leading expert on the psychology of success and wealth creation through property, gives viewers an update on our property investment markets.

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The Government Strategy on housing supply

A State of Supply report was released this week by the Federal Government’s National Housing Supply Council.  By far the most significant finding set out in the report was the fact that nationally Australia is suffering  from a gross undersupply of housing.  The report estimates a national shortage of at least 178,400 dwellings. The greatest housing shortage was found to ...

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Sydney vs. Melbourne

The Premier of NSW, Kristina Keneally does not agree with recent claims by BIS Shrapnel that Sydney will drop behind Melbourne in population within 30 years due to a housing shortage. According to industry experts Sydney’s housing market faces more challenges than Melbourne and has greater chronic housing shortages. A recent report by the economic forecaster BIS Shrapnel claims that, ...

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