‘Government’ Category

Chinese Government restricts real estate investment in Australia

The State Council of the Peoples Republic of China announced on the 18th August that it was introducing a raft of guidelines in relation to overseas investments. Restrictions outlined in the list issued by the Council include a defined aim to curtail overseas investment in real estate and hotels. The moves by the State Council […]

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2017 Federal Budget

Treasurer, The Hon Scott Morrison last night delivered his Budget address, which outlined the Federal Governments spending and tax agenda. We have distilled some of the key announcements that will or may have impacts on the property sector.  Housing and Property Announcements New Requirements on States and Territories to deliver on housing supply targets and […]

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Infrastructure expected to create emerging locations

Development, investment and business opportunities are expected to arise from the boost to infrastructure spending announced in the 2014-2015 Federal Budget.  Over the next decade the large volume of road and rail projects will improve mobility and congestion amongst major cities; as a result we will see cheaper emerging locations in Western Sydney, Melbourne and […]

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Good news for developers and builders as the NSW Government announces new approval pathways for residential properties

The NSW Government announced a considerable reduction in the minimum size for housing lots in Sydney’s outer growth suburbs, effective immediately. The standard minimum lot size of 250 square metres will still apply, and where close to transport and town centres lot sizes may be further reduced to 125 square metres (SMH). The Sydney Morning […]

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Early release of superannuation may be within reach for those experiencing financial hardship from a residential mortgage or needing property modifications

The Australian Government has policies in place to cater for people who encounter financial hardship and require assistance paying a mortgage or modifying a property. Those experiencing these circumstances may be eligible for the early release of super to assist with the financial hardship Mortgage assistance can help prevent a home being sold by the […]

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