Land Tax Australia & QLD Land Tax Reforms
What is Land Tax Land tax is an annual tax that landowners pay to state and territory governments on the combined unimproved value of your taxable property. It applies everywhere except for the Northern Territory. The laws between states are comparable, but they do vary. Who pays Land Tax? You don’t usually have to pay […]
Different markets grow at different speeds
You can learn a lot about property investing from reading the newspaper and listening to podcasts. But you can also be easily misled. That’s because the media often talks about ‘the property market’ – i.e. the ‘Australian property market’. The only thing is, there’s no such thing as the Australian property market. Why? Because conditions […]
First Home Buyer Choice: NSW Property Tax vs Stamp Duty
Buying your first home is an exciting time, but it can also be stressful. You need to think about many things and take action on some of them. Picking the right location and understanding what works best in terms of pricing are just some of the factors you need to consider. In this blog, we […]
The surprising relationship between property prices and interest rates
Now that the Reserve Bank has started raising official interest rates, you might be wondering: does that mean property prices will fall? The short answer is that prices might decline in some places in 2022, such as New South Wales and Victoria. However, prices are likely to rise in others, such as Queensland and South […]