News

Taxation

Depreciation still the second highest deduction for property investors

Revealed by latest ATO investment property statistics Depreciation remains the second highest deduction for property investors after interest repayments, according to the Australian Taxation Office (ATO). ATO investment property statistics recently released from financial year ...

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Are you claiming all available tax deductions from your investment property?

Are you claiming all you’re entitled to at tax time? Find out what tax deductions you can claim on an investment property and maximise your deductions this June 30. post-content si...

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Rents Across Australia Rise Over The First Quarter Of 2019

The first CoreLogic Quarterly Rental Review for 2019, which tracks median rents and rental yields across Australia, shows that national weekly rents have risen by ...

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Revenue From Property Taxes Continues To Climb In 2017/18 Despite Housing Downturn

State and local governments collected a whopping $30.293 billion worth of property tax revenue over the 2017-18 financial year. If you were to compare these statistics to what was published last year, the figure...

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NSW set to save on stamp duty

The NSW State Government have announced plans to change stamp duty price brackets. From 1 July 2019, stamp duty price brackets will be pegged to CPI (Consumer Price Index) resulting in savings for property buyers. Initial savings would be anywhere between $200 to $600 with those saving...

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6 things you can claim to maximise your tax savings

  1. Interest Interest is by far the largest tax deduction in a negative gearing arrangement. Provided  your property is avail...

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The various hidden costs of buying an old house

Are you considering buying an old house to refurbish it and sell it off at a considerable profit? Or are you just planning to buy an old house to save some money?...

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