THIS IS ONE ARTICLE WE HOPE YOU NEVER HAVE TO READ. BUT IF COVID-19 HAS IMPACTED YOUR INCOME TO THE POINT WHERE YOU MAY NEED TO PAUSE YOUR MORTGAGE REPAYMENTS, THEN WE’VE BROKEN DOWN THE BANKS’ DEFERRAL POLICIES FOR YOU. Late last week the Australian Banking Association (ABA) announced that small businesses … Read more
THE RESERVE BANK OF AUSTRALIA (RBA) HAS CUT THE CASH RATE TO A RECORD LOW OF 0.25% FOLLOWING AN EMERGENCY MEETING DUE TO THE IMPACT THE CORONAVIRUS IS HAVING ON THE ECONOMY. RBA Governor Philip Lowe said in a statement the move was due to the virus causing “major disruptions … Read more
Coronavirus Disease 2019 (COVID-19), previously known as Novel Coronavirus cases are currently increasing in Australia, although resulting deaths are thankfully extremely low. It is possible that the disease will continue to be spread through community transmission. We are putting precautions in place here at Ray White City South office so … Read more
BREAKING NEWS: The Reserve Bank of Australia has cut the official cash rate by 0.25 percentage points to a record low of 0.5 per cent. Firstly, a quick synopsis. We constantly read and hear about the RBA’s interest rate and how it will affect the economy, but how many of … Read more
With more than 30 percent of the NSW population now renting, changes to NSW tenancy laws are timely and critical as demand for quality rental properties continues to grow. NSW Fair Trading has highlighted a number of tenancy law changes set to kick off on 23 March 2020. The changes … Read more
Just settling back into work in 2020? Here’s what you may have missed in the property industry over January.
Source:https://www.mazars.com.au/ Significant changes to the Capital Gains Tax Main Residence exemption affecting foreign tax residents (including Australian citizen ex-pats) passed Parliament in December 2019. As a result, Australians who move overseas and decide to keep their home in Australia may have to pay Capital Gains Tax if they sell whilst … Read more
We have all been shocked and saddened by the bushfires and drought that have ravaged Australia in recent months. The loss of human life, wildlife, homes and bushland has been remarkable. Many of our members have been seriously affected by these events. We have experienced many natural disasters over our … Read more
As 2019 comes to an ending, it’s almost time for that dreaded age‑old tradition — making New Year’s resolutions. Is it worth the trouble? After all, everyone knows they’re made to be broken, right? Experts say the trick is to make them manageable. Don’t choose something unrealistic. Don’t say, “I … Read more
Sydney’s multibillion-dollar CBD light rail will open to the public on December 14 after months of delay. Sydneysiders will be able to travel on a tram down George Street for the first time since 1961. New South Wales premier Gladys Berejiklian has announced that, after months of delays, the CBD and … Read more