Federal budget 2012: Tax breaks for green buildings dumped By James Thomson Tuesday, 08 May 2012 A plan to offer tax breaks for the construction of green buildings has been dumped, with Climate Change Minister Greg Combet declaring the program no longer offers value for money. The axing of the program will create savings [...]
A private equity firm has paid over $133,000 for the homeloan.com.au andhomeloancalculator.com.au URLs, in yet another sign the market for URLS is continuing to grow even more important and lucrative. Both purchases come after a string of expensive purchases in the past year. Woolworths reportedly bought Hardware.com.au for $33,000, while Zoupon turned into Deals.com.au after a $100,000 transaction. The real estate [...]
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 [...]
Monash University demographer Dr.Bob Birrell recently stated that rapid population growth was fueling escalating prices on the city fringe.”Aspiring home owners are leapfrogging ,they are looking further afield for affordable housing and it’s setting off development booms in some country towns.” Some country residents and councils are worried that the population increase is putting stress [...]
Yarra council is considering a planned apartment block where instead of parking spaces residents will be given Myki cards. The proposal is for 12 apartments and will include a 22 bay bicycle rack,a roof top communal vegetable garden,a car share scheme but no parking spaces for residents. The energy rating will be over 7 star [...]
Interest rates down? Houses up? Here we go again…….shares shafted In the GFC, nearly 3 years ago, after shares dropped 40%, interest rates were cut fast. Melbourne property median dropped only 5% , but then rose strongly over the financial year 2009/2010. This time round the share drop has been far less but many, including [...]
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 04.17.11, In market trends, by admin
Fresh out of Britain is an invention called Cardok,which takes the idea of underground parking to a new level.The system consists of a two level platform mounted on a electro-hydraulic system.the idea is to overcome the constant inner suburban hassle of shifting cars in a single off street car space. The push of abutton raises [...]
On 02.26.11, In market trends, by Steven
Industry Market Wrap The RP Data-Rismark Home Value Index results for January 2011 are released next week. Due to the seasonally low volume of sales recorded during January, the results typically do not provide the greatest insight into the state of the market. Nevertheless, we anticipate that the results will be at best quite flat [...]