The Ultimate Property Investor Event – Sydney 16th September

Doug Daniell Uncategorized Leave a Comment

There has been so much talk and noise about the property market recently that most of us are wondering where to go from here for our clients (and ourselves). To try and make sense we have partnered with “Property Buyer “ and several other prominent industry specialists putting together “The Ultimate Property Investor Event!” On Sat 16th September at the …

State and Territory Benefits for First Home Buyers

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The first home benefits have changed dramatically this year with more changes due from 1 July 2017. All of the grants and stamp duty concessions are state administered so vary in each state and Territory. Most concessions for first home buyers have only been available for new properties. Now there are several states with concessions that include established properties. The …

New Benefits for First Home Buyers in NSW

Doug Daniell Knowledge Centre 2 Comments

The NSW government announced today changes in benefits to first home buyers to assist them in getting into the established home market. Now stamp duty exemptions are available on established homes as well as nerw property. The benefits for first home buyers could be up to $34,360. Premier Gladys Berejiklian, Treasurer Dominic Perrottet and Minister for Planning and Housing Anthony …

NSW strata laws are changing

Doug Daniell Brokers, Knowledge Centre Leave a Comment

  NSW strata laws are changing Strata laws are being modernised to meet the needs of living in a strata community in the 21st century. Over 90 reforms to the strata development and management legislation have been passed by the NSW Parliament and are expected to commence in the second half of 2016. Comprehensive changes to how strata schemes operate …

New foreign Investment Laws in Place

Doug Daniell Brokers, Knowledge Centre Leave a Comment

New foreign Investment Laws in Place 1 Dec 2015 Foreign Acquisitions and Takeovers Legislation Act 2015 became legislation on 1 December 2015. The legislation is an amendment to the Foreign Acquisitions and Takeovers Act 1975 which regulates foreign investment within Australia. The main points of the legislation relate to further refining definitions of foreign investors, fees to be charged for …

New NSW regulations to Protect Off the Plan Purchasers

Doug Daniell Brokers, Knowledge Centre Leave a Comment

17 November 2015 NSW Parliament today approved amendments to the Conveyancing Act 1919, strengthening protections for buyers who purchase properties off the plan. Minister for Innovation and Better Regulation Victor Dominello said the new laws are intended to prevent rogue developers from rescinding contracts using the sunset clause to make windfall profits. “The NSW Government has listened to the community’s …

Have you noticed your loan interest rate going up?

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You have probably seen in the media that most banks are increasing their interest rates on investment loans. This is in response to some pressure by the Australian Prudential Regulation Authority (APRA) to slow down the growth of investment loans to below 10% per annum. We have had many phone calls from people noticing an increase in their rates, not …

Industry heavyweights weigh up impacts of lending change

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The Adviser Magazine Industry heavyweights weigh up impacts of lending change http://www.theadviser.com.au/breaking-news/32697-industry-heavyweights-weigh-up-impacts-of-lending-changes?utm_source=The+Adviser&utm_campaign=The_Adviser_Bulletin10_08_2015&utm_medium=email The Adviser Magazine Written by Adam Zuchetti August 10, 2015 The recent changes to investor lending and bank capitalisation requirements have sparked intense debate among industry leaders, particularly regarding their implications for brokers, consumers and the wider economy. The Australian Prudential Regulation Authority (APRA) has been relentless in …