NSW Housing Boost: What It Means for Homebuyers, Renters, and Investors
Q: What is the Australian government doing to increase housing in NSW? A: The government is investing $182 million to support 25,000 new homes across NSW. This funding will go towards critical infrastructure projects like roads, sewage systems, and water facilities to make more housing possible. Q: What specific projects are being funded? A: Some key projects include: $13 million for a ne...
Peter Dutton’s Housing Plan – What It Means for Australia’s Real Estate Sector
Q: What key housing policies did Peter Dutton propose in his budget reply speech? A: Dutton vowed to boost funding for stalled housing projects, cut immigration by 25%, allow first-home buyers to access up to $50,000 from their superannuation, and restrict foreign ownership of established homes for two years. Q: How does Dutton justify the superannuation policy for first-home buyers?...
Federal Budget 2025: How Does It Impact Housing in Australia?
Q: Who benefits the most from the 2025 Federal Budget in the housing market?A: First-home buyers are the biggest winners. The government has allocated $800 million to the Help to Buy shared equity scheme, making it easier for more people to afford a home. Q: What changes have been made to the Help to Buy scheme?A: The scheme’s income limits have increased: Individuals: From $90,000 to...
NSW Rental Law Changes: What Renters and Owners Need to Know
Q: What are the new rental laws in NSW starting May 2025?A: From 19 May 2025, landlords in New South Wales (NSW) can no longer evict tenants without a valid reason and cannot automatically refuse pets in rental properties. Q: Why is NSW making these changes?A: The government wants to provide more security for renters and create fairer rules for both tenants and landlords. With more people rent...
New ATO Rules: What Sellers Need to Know About Clearance Certificates
Q: What is the new requirement for selling property in Australia?A: As of January 2025, all property sellers in Australia must obtain a clearance certificate from the Australian Taxation Office (ATO) to confirm their tax residency. If they don’t, 15% of the sale price will be withheld by the buyer and sent to the ATO. Q: Who does this rule apply to?A: The new rule applies to all Austr...
When Is the Best Time to Sell a Property in Sydney?
When Is the Best Time to Sell a Property in Sydney? Selling a property is a big decision, and timing can make a difference in getting the best price. In Sydney, seasonal trends, market conditions, and personal factors all play a role in choosing the right time to sell. Seasonal Trends in Sydney Spring is often the best time to sell in Sydney. The warmer weather and blooming gardens make home...
