By Robert Gottliebsen Monday, 16 April 2012 In the last three weeks a dramatic event has taken place in the Australian residential apartment market – the mainland Chinese have suddenly increased their “off the plan” buying of inner Sydney, Melbourne and even Brisbane apartments. The Chinese have been the main buyers of Sydney and [...]
Treasurer Wayne Swan has ruled out any changes to negative gearing arrangements for property investment despite the NSW Labor leader John Robertson saying there should be a debate about its effects on the property market. Robertson is concerned about the potential of negative gearing to push up property prices and make property unaffordable for the next [...]
Residential property has again outperformed all other investments during the past 10 years ,before or after tax. The annual Russell Investments and Australian Securities Exchange Long Term Investing Report found residential property was a better choice during the 10 years to December 2010,with a 10.1 per cent annual return compared with 8.4 per cent for [...]
USD$2.5 million was spent recently on Gambling.com Domain name marketplace seller Sedo announced recently it had brokered the sale of a name for the highest price so far this year.The sale was the third largest public sale the company has brokered. Sedo’s CSO, Liesbeth Mack-de-Boer said the sale was a “confidence booster” for the [...]
On 04.22.11, In investment, by admin
The property industry has mixed views on the prospect of tinkering with negative gearing and introducing a new tax for investors with a large portfolio of investment properties. According to a report in The Age, the Gillard Government and unions are believed to have discussed introducing a 4% sales tax for owners of multiple investment [...]