Stay home? No problem!
What would you be prepared to pay for a home that would ensure you and the kids will never get bored? For a mere AU$28.5 million, you could own a mansion in Missouri featuring a ferris wheel, sports field, bowling…
News
Home Guarantee Scheme expanded
More Australians will soon be able to buy their own home, with the release this month of another 40,000 new places under the Federal Government’s Home Guarantee Scheme. Under the First Home Guarantee, an eligible first homebuyer can purchase a…
Apartments boost approvals in May
Approvals to build new apartments rose by almost one-third in May, according to data released this week by the Australian Bureau of Statistics (ABS). The latest figures show that the total number of dwellings approved rose 9.9% in seasonally adjusted…
RBA decisions should stabilise, REIA says
The Real Estate Institute of Australia (REIA) continues to urge calm in the wake of successive cash-rate hikes. REIA President Hayden Groves suggested this week that while the rate rises might be causing pain for some, they have no doubt…
Colour it sold
Did you know that a certain shade of paint is commonly referred to by house painters as ‘sell-it-quick white’? Multi-listing site Zillow recently partnered with Behr Paint Co. to identify the colours that boost home sales. They surveyed recent or…
Drinking water from air
In these appliance-heavy times, many Australian homes have a water filter, a dehumidifier or maybe an air purifier, if not all of them. Now we can have all three in one innovative device called the Kara Pure water machine, which…
Cash rate lifts to 1.35%
As predicted by most economists, the Reserve Bank has decided to once again raise the official cash rate target by a further 50 basis points this month, taking it to 1.35%. The last time it was around that mark was…
Value growth eases
Housing value growth continued to ease back in June, new figures show. CoreLogic’s national Home Value Index (HVI) recorded a second consecutive monthly decline in June, down 0.6% to be 0.2% lower over the June quarter. Falls in Sydney and…
Housing finance up in May
Finance for housing rose in May following a fall in the previous month, according to data released this week by the Australian Bureau of Statistics (ABS). The latest figures show that the value of new housing loan commitments rose 1.7%…
Work from home expenses: ATO
Many of us continue to work from home, at least for some days each week, and while that can save on expenses, it can incur others. Here is what the ATO has to say about deductions that can be made,…
