9 October 2018 | Daily Top Story: First home buyers shrug off the credit crunch as home loans are bigger than ever
Photo: Despite tighter credit conditions anf falling property prices, first home buyer mortgages have never been bigger. (ABC News: Stephen Letts) There’s nothing unusual about the current fall in house prices — it’s the third time in the past decade. However as ANZ’s head of Australian economics, David Plank, points out, it is unusual that […]
THE first weekend of the school holidays and it is not the families who are out and about buying real estate, but their parents. Older Australians looking for compact and affordable property having sold the big family home are driving the northern beaches property market. Agents say they have the money, don’t need to borrow […]
4 October 2018 | Daily Top Story: NSW Supreme Court Rules Against Sunset Clawbacks In Landmark Win For Buyers
Off-the-plan buyers today won a massive victory in a landmark Supreme Court judgment and major test of new legislation to protect property purchasers. A developer had taken a group of buyers of a new building in Surry Hills to court to argue it was entitled to rescind their contracts because problems with the development had […]
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03 MAY 2019 | Daily Top Story: Canberra property developers accused of pocketing GST charges during apartment boom
Some of Canberra’s biggest property developers have been accused of charging homebuyers GST when it was not required and pocketing millions of dollars in proceeds. Key points: Apartment owners in the Altitude and Governor Place complexes say developers charged them GST when it wasn’t applicable If the class action is successful Canberra developers could have […]