First Home Owner Grant To Double In Regional Victoria

The Victorian Government has announced the First Home Owner Grant will be doubled in regional Victoria. The Grant will increase from $10,000 to $20,000, commencing 1 July 2017. The Government expects up to 6,000 first home buyers will receive extra assistance. This is in addition to the recent land release announcement. The increased grant will … Continue reading “First Home Owner Grant To Double In Regional Victoria”

Home Deposits Unwelcome in Super

From The Financial Standard. Superannuation industry groups are warning the federal government to keep Australia’s $2 trillion retirement savings system away from addressing the nation’s housing affordability problems. Earlier this week Federal Treasurer Scott Morrison said the government is likely to address housing affordability in its May Budget, and there have been several suggestions about … Continue reading “Home Deposits Unwelcome in Super”

The Future Is… Uncertain

Australians and businesses overwhelmingly think our country is a great place to live and have a business. However, Australian consumers and businesses are anxious about what the future holds. National Australia Bank (NAB) today released a new report which asks consumers and businesses to explore life, work and running a business in Australia – now … Continue reading “The Future Is… Uncertain”

The Property Imperative 8 Now Available

The latest and updated edition of our flagship report “The Property Imperative” is now available with data to end February 2017. This eighth edition updates the current state of the market by looking at the activities of different household groups using our recent primary research, and other available data. It features recent work from the … Continue reading “The Property Imperative 8 Now Available”

Baby Boomers digging into retirement savings to help their kids buy houses

From StartsAt60. We’ve all heard stories about some Baby Boomer parents helping their kids out to buy their first home. But as a new report, released by Digital Finance Analytics, has revealed, it’s becoming a growing trend across the country. The report shows a growing number of Baby Boomer parents are giving their adult children … Continue reading “Baby Boomers digging into retirement savings to help their kids buy houses”

Yet Another Nail In The Investment Property Coffin

The AFR has reported the Turnbull government is planning a crackdown on capital gains tax concessions for property investors to seize the mantle on housing affordability and provide revenue to help replace soon-to-be dumped budget cuts. Given most property investors are benefiting more from rising capital gains than offsetting costs from negative gearing, this is … Continue reading “Yet Another Nail In The Investment Property Coffin”

Land Sales Recover, as prices rise

Residential land sales increased for the second consecutive quarter as prices reached a new high during the three months to September 2016 according to the latest HIA-CoreLogic Residential Land Report published today by Housing Industry Association and CoreLogic. Today’s HIA-CoreLogic Residential Land Report shows that the land lot price nationally rose by 3.3 per cent … Continue reading “Land Sales Recover, as prices rise”

More On Household Debt, From The ABC

ABC’s RN Breakfast‘s Business Reporter Michael Janda discussed household debt as part of his segment on Radio National Breakfast this morning, and was kind enough to mention our recent research on owner occupied and investment housing debt sensitivity. There was a subsequent flurry on Twitter discussing the DFA research approach. To be clear, our household … Continue reading “More On Household Debt, From The ABC”

Strong capital gains drive a surge in the number of million dollar suburbs during 2016

CoreLogic says over the five years to December 2016, the number of suburbs nationally with a median value of at least $1 million has increased by 176%. The gap between property owners and those wanting to buy has never been wider. There was a time in which having a dwelling worth $1 million or more … Continue reading “Strong capital gains drive a surge in the number of million dollar suburbs during 2016”

Building Approvals Past Peak – HIA

The December 2016 update for ABS Building Approvals confirms we are well passed the peak for the cycle, said the Housing Industry Association. In December 2016 total seasonally adjusted building approvals fell by 1.2 per cent with detached houses down by 2.2 per cent and ‘other dwellings’ sitting flat at +0.1 per cent. On a … Continue reading “Building Approvals Past Peak – HIA”