With 65% of investors negatively geared in 2024, it’s clear that managing cash flow is crucial. Building a cash buffer, planning for rising costs, and reviewing your loan regularly can help you stay ahead.
Despite crash predictions, property prices have surged 38.4% since 2020, with rents up 37.6%. Interest rates hit a record low before rising to 4.10% by 2025. As the market continues to evolve, making informed decisions is more important than ever.
The Reserve Bank of Australia (RBA) reduced the official interest rate by 25 basis points to 4.10% following its latest monetary policy meeting.
More Australians are turning to property investment, new analysis has revealed. CoreLogic’s head of research, Eliza Owen, found that the number of investors entering the market was exceeding the number exiting, by comparing home loans data with listings data.
Property investors committed to $11.71 billion of home loans in July 2024, which was the second-highest month on record, according to the Australian Bureau of Statistics.
The Reserve Bank of Australia (RBA) has held the cash rate steady at 4.35% following its board meeting on Tuesday.
The latest home loans data from the Australian Bureau of Statistics has revealed three key trends.
Home loan volumes have significantly increased over the past year, especially among investors. Investors committed to $10.67 billion of mortgages in May, according to the latest data from the Australian Bureau of Statistics. That was 29.5% higher than the year before.
If you’re one of the many Australians who’ve purchased a property through a self-managed superannuation fund (SMSF), the ATO has provided valuable guidance about how to file your annual tax return.
The Australian Taxation Office (ATO) has warned property investors it will pay close attention to their reported income and deductions this tax time, with official data showing that about 90% of investors get their tax returns wrong.
Australia has hundreds of different property markets, which are often at different points in their cycle, so it’s common for there to be many markets where prices are increasing and many where they’re decreasing. Right now, though, the vast majority are in growth mode.
The latest tranche of home loans data from the banking regulator, APRA, has revealed three interesting shifts in the mortgage market over the past year.