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NSW axes stamp duty for first home buyers

State premier Dominic Perrottet has confirmed that first home buyers will have the option of opting out of stamp duty in favour of an annual property tax as part of the 2022-23 NSW budget aimed to improve housing affordability. From 16 January 2023, eligible first home buyers who opt into the First Home Buyer Choice...

Can Eastern Suburbs money buy regional pub patrons?

The year is 2019. Some guy in the coffee line is talking loudly on the phone about investing in toilet paper. You are chuckling to yourself in disbelief. Poor guy, you remember thinking. Where’s the money in toilet paper? The year is 2020. You are no longer chuckling, but you’re certainly in disbelief. The year...

Labor’s radical property policies explained

Housing affordability was one of the key battlegrounds of the federal election with both major parties proposing radical policies in an attempt to woo voters. Now that Anthony Albanese has been officially sworn in as Australia’s new Prime Minister, let’s take a look at what housing policies Labor has promised the electorate. Help to Buy...

Can you buy a house with cryptocurrency?

Can you buy a sandwich? That reads like a rhetorical question, but it’s not. As with buying property, buying a BLT with bitcoin is, in theory, possible. But in practice, your options are extremely limited. And if you’re starving, forgedaboutit. Back in 2019, the first widely reported crypto-for-food sale took place. Incredibly, the pantry item...

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