With the after-shocks of the past interest rate rises still being felt by many home buyers and the real impact not fully clear until the next quarterly figures, it is a great relieve for many that the RBA (Reserve Bank of Australia) has decided to hold further increases – well, for now anyway.
Given the [...]
The days of selling a home and paying huge commissions to real estate agents for the privilege are finally over, thanks to a new company that gives vendors greater control in the overall process and simply charges them a flat fee, irrespective of the sale price.
Nocommission.com.au, founded by Harry Brigden, a former executive of online [...]
‘The release of the Green Paper on Financial Services and Credit Reform by the Government is welcome, but it’s now time for action on property spruikers. The result of this consultation process must not be yet another report to be filed away on dusty parliamentary library shelves. Consumers need action to be taken on the [...]
An architect inspecting a property for a vendor
Historically buyers looking to bid at auction paid for reports, however, in a changing market, many vendors are paying between $400 to $800 for pre-purchase housing inspections to make them available to prospective buyers.
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A lot of real estate agents are voicing their concerns about how the growing credit crisis has a negative impact on real estate sales. However, a few continue to thrive in the current real estate climate by exploring new marketing channels.
According to RK Realty Group Licensee-In-Charge, Riezel Kinsella “Creative real estate marketing is the answer [...]
Australian property investors will now have the ability to carry out a free online depreciation estimate with the launch of www.corpred.com.au, a property depreciation estimate calculator and depreciation schedule web site.
The estimate makes it easier for investors to work out their deduction entitlements and ensure they get the maximum tax benefits owed to them.
Corpred, [...]
The Tasmanian Greens today in Parliament raised the serious matter of the financial ruin facing Janine Bransden and Chris Carlson as a direct result of bad government legislation and bad advice provided to them by Consumer Affairs. Bass Greens Kim Booth MP and spokesperson on building matters said today that Janine Bransden and Chris Carlson [...]
Borrowers: concentrate on long term property goals
Mortgage Choice, Australia’s Best Mortgage Broker*, is glad to see the Reserve Bank of Australia (RBA) has given Australians in debt some time out from further tightening their budgets in order to meet increased repayments.
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