Buying Property for Your Uni Student

Buying a house for your child is a great way to invest for their future. Especially if they are planning on living in that property while they attend University. 

 Reserve Bank cuts interest rates to historic low of 0.75% to boost weak economy

Reserve Bank cuts interest rates to historic low of 0.75% to boost weak economy

Australia’s central bank has cut the official cash rate by 0.25% to a new record low of 0.75%.

The long-expected move follows months of signals from governor Philip Lowe that the Reserve Bank was prepared to push rates lower to increase employment and lift stubbornly low inflation back into the 2-3% target band.

First Home Buyers Save $1b in Stamp Duty.

First Home Buyers Save $1b in Stamp Duty.

First home buyers have saved more than a billion dollars in stamp duty courtesy of the 2017 Housing Affordability Strategy, according to the NSW state government. 

The report shows that more than 67,800 home buyers have now taken advantage of the opportunity to save (up to) $24,740 in stamp duty when purchasing their first home.