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Property News
04 November 2008
Rates Cut Again...
The Reserve Bank cut its key interest rate for the third month in a row as it attempts to prevent Australia's economy stalling. The central bank trimmed three-quarters of a percentage point - or 75 ...
06 October 2008
INTEREST RATE CUT WELCOMED BUT MORE NEEDS TO BE DONE
This historic cut in official interest rates has been welcomed by the Real Estate Institute of New South Wales. The 1% cut in official interest rates was announced by the Reserve ...
03 October 2008
PM'S ECONOMIC PACKAGE WILL STIMULATE NSW'S FIRST HOME BUYERS MARKET
REINSW has welcomed the Prime Minister’s economic stimulus package saying the $1.5 billion first home buyer’s initiative will assist people acquiring their first property. ...
09 September 2008
Demand for Australian Property Market
While the property market is currently viewed with pervasive gloomy outlook, the underlying fundamentals remain sound to support growth in values according to a leading property analyst. Tim Lawless, ...
03 September 2008
REINSW welcomes interest rate cut
Today’s official cut in interest rates has been welcomed by the Real Estate Institute of New South Wales. The 0.25% cut in official interest rates was announced by the Reserve Bank late today. ...
13 August 2008
SHOULD WE WAIT TO BUY?
Many selecte virtually assured, provided Many homebuyers think that if they put off buying a property for a bit longer, they are likely to secure themselves a 'bargain' as the market declines. ...
08 August 2008
STATE GOVERNMENT MUST BE KEPT TO PROMISE TO ABOLISH STAMP DUTY
REINSW has congratulated the commitment by the NSW Government to abolish stamp duty if a federal review of tax recommends it be scrapped. "This is a great step forward however ...
16 July 2008
THE BEST TIME TO SELL
Home owners often talk about ‘selling at the right time’. By this they usually mean when the market is good for sellers. But there is another sense in which timing is important. ...
19 June 2008
Paying off your mortgage Q & A
My wife and I are both 35. I earn $115,000 and she has recently returned to work part-time after having a child and being ill. She is now earning $25,000. The house we live in is in my name, ...
09 June 2008
Land tax up, but drop in overall tax burden
The overall share of state taxes paid by the property industry will go down for the first time in almost a decade, despite land tax levies increasing by 28.1%. The Property Council of ...
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