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Seven questionable property listing videos

What’s the purpose of a property listing video? It’s all in the title, really. To list a property on video! It sounds pretty straight forward, and yet, the trend to stand out by inserting song, dance, plot, or Porsche continues. Sometimes it works, most of the time it doesn’t, and all of the time the...

Sydney’s house prices tipped to rise by up to 10% this year

If streaming platforms are starved for content because of the writer’s strike in Hollywood, they should just look to the Australian property market for inspiration. With more plot twists than the Succession finale, rising interest rates, surging migration, and low housing supply have made forecaster’s jobs particularly difficult this year. As Sydney’s housing market continues...

2 in a row: Reserve Bank holds cash rate steady

In the world of finance, interest rates can feel like a roller coaster ride. This time, though, the Reserve Bank of Australia (RBA) has decided to give us all a breather. In its latest monetary policy get-together held on the 1st of August, the RBA announced it would be keeping the official cash rate steady...

Almost half of Sydneysiders want more apartments built

Taking a stroll through the streets of Parramatta or Rhodes—where only about 11.5% and 14.6% of dwellings are houses—you might think this city has more than enough high-density housing. Apartment abundant Penshurst in southern Sydney invites the same sentiment, with units accounting for approximately 83% of accommodations in the suburb. Neutral Bay, Ryde, Bankstown, and...

Renovations booming despite cost of living presssure

Australians are showering their homes with $1 billion worth of love each month as home improvement spending ramps up. We look at the cost of popular renovations – and how to foot the bill. Belts may be tightening but not, it seems, for renovators. The latest figures from the ABS show Australians spent a whopping $1,044 million...

Sydney’s investor-owned property listings surge

High risk tolerant or low risk tolerant, rapid interest rate hikes and inflation-related financial stresses are turning both ends of the spectrum investment intolerant. Last month, investor-owned listings across Sydney surged to a record 39.8%, with more likely to follow suit in the coming months. Australia-wide, the share of investor-owned listings increased to 32.7%, its...

Small Business Lodgement Penalty Amnesty

As part of the 2023–24 Federal Budget handed down on 9 May 2023, the Government announced this lodgement penalty amnesty program for small businesses to get their tax obligations up to date. The amnesty applies to overdue income tax returns, Business Activity Statements (BAS) and FBT returns that were originally due between the period 1...

House prices in Sydney forecast to increase 6-9% in the next year

Domain’s Forecast Report for the 2023–24 financial year is here, and according to its predictions, the next twelve months looks sunny with a chance of record-breaking growth. The main take away is that Australia’s housing market will continue its redemption arc after making an unexpectedly speedy recovery from the short and sharp 2022 downturn—the steepest Sydney...

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