The Australian Government promotes home ownership in its latest federal budget. In an attempt to reducing pressure on housing affordability, first home buyers have a great opportunity to take advantage of a number of government grants. There three (3) measures to make it easier for Australians to enter the market. 1. The Family Home Guarantee - An incentive aimed at single parents with dependants....
The Federal Budget 2019-20 was released at 7.30pm AEDT last night dated 3rd April 2019, featuring the first surplus in 12 years. Delivered by Josh Frydenberg, the pre-election Budget detailed the Federal Government's policy plans for the year ahead and not much was said about the Australian property market. The Treasurer appears to realise housing affordability is still a major problem for...
Federal Budget - 2018/19 The Federal Budget was recently announced and little was associated to the property market other than some massive infrastructure changes that will place a positive impact on property prices but also impact interest rates in the near future. The government confirmed that wage increases have averaged 2% p.a. but they predict this to increase to 3.25% p.a. by 2020. Should this...