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  • Why do we have to pay stamp duty?

      A recent online Mortgageport poll found that 100% of respondents believe stamp duty should be abolished. But did you know that for some NSW home buyers, it already has been? What is stamp duty? Stamp duty is a tax charged by the government on the sale of property. It […]

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    Sydney values hold up despite fewer sales

    The multi-speed economy is evident in property prices and sales volumes around the country. Values across the Sydney housing market have remained comparatively resilient to any price falls, with values actually rising 0.3 per cent over the past 12 months. The same can’t be said for the number of home […]

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    Sydney’s growth areas to get 13,000 homes

    NSW Premier Barry O’Farrell has announced 10,000 homes will be built in Sydney’s north-west with another 3000 in the region’s south-west. “Home ownership in Sydney remains a dream for many young families,” he said today. “My government will build the homes Labor failed to provide and ensure residents have jobs […]

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    Coalition’s exit fees stand slammed

    A threat by the Coalition to overturn the Gillard government’s ban on bank mortgage exit fees has prompted an angry response from consumer group Choice. The ban is due to take effect from July 1, but can still be reversed by a majority vote in federal Parliament. The Coalition would […]

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    Gen Ys will lead housing revival: Salt

    The Australian housing market has a bright future, and Gen Ys will be the ones to lead it there, a social demographer has claimed. In spite of growing pessimism surrounding the economy, KPMG partner Bernard Salt has told Australian BrokerNews he expects economic conditions to pick up within the next […]

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