Posted: January 11th, 2016 | Author: Michael Courtenay | Filed under: Australian Home Prices | Tags: australian-tax-reform, capital=gains-tax, housing-investment | Comments Off on Australia Institute Says Changes to Capital-gains Tax Would Deliver $12 billion in Budget Savings
The Australia Institute has called for changes to capital gains tax, claiming exemptions are costing the Federal Budget $48 billion. It’s recommended removing exemptions for the family home if it’s valued more than $2 million.
The think-tank has proposed changes to capital gains tax, claiming it would save the Federal Budget $12 billion. Under the proposal, the family home would no longer be exempt from the tax if it’s valued more than $2 million.
However, the housing industry has downplayed the idea, claiming it could put pressure on the property market :: Read the full article »»»»
Posted: October 21st, 2015 | Author: Indeep Media Direct Marketing | Filed under: REBLOG | Tags: REBLOG | Comments Off on REBLOG! Meet the home owners going back to renting
Once upon a time you got a foot on the property ladder and kept climbing until the mortgage was paid off. But in today’s world that picture seems a little quaint. Just as jobs for life and together forever relationships carry a vintage hue, so too, does the idea that the transition into home ownership will be a permanent one.
The renting versus buying question is one that we may continue to encounter throughout our lifetime :: Read the full SMH article »»»»
Posted: October 21st, 2015 | Author: Michael Courtenay | Filed under: Favorite New Thought, From The Web | Tags: Aristeu Pires Design, Favourite New Thought, Gisele Lounge Chair | Comments Off on FNT! Gisele Lounge Chair by Aristeu Pires Design
“Daylight is dimming. Endless grassy hills fade gently into the blue of the sky. Gisele reclines on the hilltop with you, full of feminine charm, her raw cotton cording connecting lanky wooden limbs. It’s not hard to understand why this chair was named after the Brazilian supermodel — or was the model named after the chair? Rest in Gisele’s arms once, and you’ll never want to leave. Let her grace ease its way into your everyday routine.” Gisele Lounge Chair by Aristeu Pires Design via Architizer
Posted: August 26th, 2015 | Author: Michael Courtenay | Filed under: Business and Economy | Tags: Analytics, Business News, CHINA, Correction, Crash, Global Share Markets, Market Watch, Socially Engineered | Comments Off on Anatomy of a Bloodbath, Will Augusts Stock Market Correction CRASH?
Many financial analysts have rushed to describe the current global stock market turmoil as a historic event, unprecedented, a bloodbath, however its evolution has so far been quite traditional. The correction, if that’s what this is, has been building since 2011/12 when many analysts began to question the numbers attached to Chinese growth, peaking earlier this year when markets reached new optimism, April marked historic highs for global indices. And while markets around the globe rally to retake losses, China remains the question on everyone’s lips.
Globally this current selloff started as a repricing of growth outlooks, in the main based on believable or unbelievable numbers out of China over the past 5 years, mounting evidence of economic weakness in the worlds second largest economy, coupled with persistent low growth in Europe and Japan, made it hard for markets to ignore the impact on earnings and profitability of what looked suspiciously like a global slowdown :: Read the full article »»»»
Posted: August 25th, 2015 | Author: Michael Courtenay | Filed under: The Organic Gourmet | Tags: Vaccinate Your Children | Comments Off on NSW PASSES Childcare Vaccination Legislation, Victoria Close Behind and Feds Cut Welfare Payments to Unvaccinated Children
STICKY: June 19, 2015 :: The New South Wales Parliament has passed new laws covering childcare centres and vaccination. From January 2016, childcare centres will be required to refuse the enrolment of a child whose parents or guardians cannot show proof of vaccination or provide an approved exemption.
NSW Health Minister Jillian Skinner says parents who are seeking an exemption will first need to speak to a general practitioner. Childcare centres will face fines if they do not complete checks to ensure a child is vaccinated, or that they have exemption.
Health experts have warned of increasing instances of whooping cough across the state, which they attribute to low immunisation rates. A recent report found that in the far north coast town of Mullumbimby, less than half of young children were fully immunised.
The new legislation, an amendment to the Public Health – Vaccination of Children Attending Child Care Facilities – Bill 2013, allows exemptions for “medical contraindication, conscientious objection based on personal, philosophical, religious or medical belief.”
Greens MP Dr John Kaye says the Bill has the support of the Greens, who say the legislation doesn’t take away the rights of an individual to oppose immunisation.
The Australian Medical Association says the New South Wales laws should set a precedent for the rest of the country. But some child care workers are warning that it could put disadvantaged children at an even greater risk.
With the Federal Governments No Jab/No Welfare Payment policy ready to kickoff in 2016, anti-vaccination groups are surely becoming an endangered species, you’d think. In the last 10 years, the number of children whose parents have objected to vaccination has doubled. Almost 40,000 children haven’t been vaccinated and have a conscientious objection on their record :: Read the full article »»»»
Posted: May 20th, 2015 | Author: Michael Courtenay | Filed under: Australian Home Prices | Tags: APRA, Australian Home Prices, Home Investment Loan, Real Estate News, Urban Planning, Westpac | Comments Off on Investor Home Loans Tighten
Lending for investment properties appears to have suddenly tightened, as the banking regulator’s efforts to rein in the sector appear to be succeeding.
Mortgage brokers are reporting credit conditions in Australian housing lending market have become a lot tougher in the past two weeks according to CLSA’s leading bank analyst Brian Johnson.
Mr Johnson said recent discussions with broking contacts pointed to banks cutting discounts on investment loans and demanding tougher scrutiny on borrowers’ ability to repay their debts.
The crackdown comes only days after data was released showing mortgages had soared to a new record high of $31.3 billion in March.
Lending to property investors is now growing at 21 percent year-on-year, more than double the so-called speed limit of 10 per cent identified by the Australian Prudential Regulation Authority – APRA – earlier this year.
Anecdotal evidence is that NAB, Commonwealth and Westpac investor loans will no longer offer additional discounts over and above the published ‘package discount’ rate :: Read the full article »»»»
Posted: February 10th, 2015 | Author: Michael Courtenay | Filed under: Australian Home Prices | Tags: Australian House Prices, Mining Boom, Port Headland, Realestate Boom, Western Australia | Comments Off on Mining Town House Passed in at Auction in Million Dollar Dive, sign of the times?
A house in the Western Australian mining town of Port Hedland has been passed in at auction for $360,000 after it was bought four years ago for $1.3 million.
The three-bedroom, one-bathroom fibro and iron house was built in the 1960s :: Read the full article »»»»