Want to help your kids buy property? Here’s how...

The real estate market can be tough for young adults, but as a parent you may be able to lend a helping hand. We tell you how. 1. Parent-to-child loan A parent-to-child loan is when a parent lends their child money. This is a formal, legally binding arrangement, administered by an independent third party. At the start of the loan period, both parties agree to terms including repayment amounts, a schedule and a process to manage defaults. Benefits: You can set generous terms for your child, but your assets, savings and credit rating are somewhat protected as you are not the borrower. Drawbacks: There are legal implications for your child if they have a spouse and the relationship breaks down,

What does Australia’s election outcome mean for property?

Australia’s recent federal election outcome is expected to deliver an uplift to the national property market, as investor sentiment is buoyed with the Liberal party’s victory in the polls. The opposition party, Labor, was proposing to make changes to negative gearing and capital gains tax (CGT) had they toppled the Liberal-led Coalition government. The result will provide greater certainty around investment in the beleaguered residential sector, says Leigh Warner, Head of Residential Research in Australia, JLL. “Housing market sentiment has been weak for some time, but there was no question that Labor’s proposed tax changes were adding to the negativity. Taking away the uncertainty will make

Our western corridor has become a major growth zone in southeast Queensland

The coming months will be significant for our nation and its property markets. The federal election date is almost upon us with the major parties locked in debate on policy that has a direct effect on Australia’s real estate sector – particularly new construction. In addition, while interest rates have been kept on hold this month, there are suggestions we could be in for another cut before year’s end. The residential valuers have tackled a very topical theme for May, and analysed whether it makes more financial sense to build a new house or buy an existing one in different markets across the nation. For those considering an investment in the shadow of the election, this month’s submission

RBA Interest Rate Decision - May 2019

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The outlook for the global economy remains reasonable, although the risks are tilted to the downside. Growth in international trade has declined and investment intentions have softened in a number of countries. In China, the authorities have taken steps to support the economy, while addressing risks in the financial system. In most advanced economies, inflation remains subdued, unemployment rates are low and wages growth has picked up. Global financial conditions remain accommodative. Long-term bond yields are low, consistent with the subdued outlook for inflation, and equity markets have strengthened.

Recent Posts
Search By Tags
Follow Us
  • Facebook Basic Square
  • Instagram Social Icon

© LadyBird Australian Credit Licence 382350| Privacy | Disclaimer | Complaints

The Rock
  • facebook
  • Twitter Clean
  • w-googleplus