Carries beanie 4 brain cancer just raised $5.5M, incredible achievement. Well done Carrie, what a role model!
Just attended a seminar with Andrew Wilson, economist for Fairfax Media presenting. After some short term adjustment in the last quarter, he is seeing the Sydney market on the move with a prediction that growth should be in 3-4% bracket by the end of 2016. Investor activity is rebounding as low vacancy rates and rising house rents push up yields.
In recent months, a policy to get rid of negative gearing on existing residential property and increase capital gains tax has been all over the media.
This policy – if ever adopted – directly affects the millions of Australians who own any property, whether it’s an investment or their own home. It also affects the 18 million Australians who have a stake in property through their superannuation funds.
But as well as falling house prices, the knock-on effects will see jobs destroyed and government revenues fall, rental prices increase and may even send the Australian economy into recession.
It is important that we all understand the ramifications should this policy be implemented. See link https://negativegearingaffectsyou.com/
It is important that we all understand the ramifications should this policy be implemented
Disregard the commentary in the newspapers - if you have a property to sell on the lower north shore of Sydney, the time is right to sell.
Low stock levels and increasing buyer frustration over this first quarter of the year is producing some great sale results. If you are thinking of pressing the "Go" button and are concerned that you may have missed the peak of this cycle you may be pleasantly surprised to hear that good quality homes are still selling and selling well.
As an avid supporter of The Shake It Up Foundation, I am so excited to see that researchers from La Trobe University part funded by the Foundation, have developed a breakthrough test that will help detect early onset of Parkinson's Disease, thereby allowing early intervention to stave off the aggressive symptoms. Great Work Guys!