Government

Property Prices To Head South…Maybe

personOtto Dargan access_timeMay 1, 2014

Property prices in Australia have hit a 10-year high but quarterly figures suggest the growth is slowing. In its latest report, House prices: just the facts, the Commonwealth Bank (CBA) Global Markets Research Team found that house prices rose by 10.7 per cent over the 12 months...

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Why Do Foreigners Like Australian Mortgages?

personOtto Dargan access_timeApril 22, 2014

Do you qualify? If you’ve just arrived in Australia or have been living here for a number of years on a working visa you may be wondering if you are eligible for a home loan. In the infographic above, we’ve laid out the facts and dispelled the myths about Australian...

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Australian Vs Foreign Mortgages

personOtto Dargan access_timeMarch 18, 2014

We often hear non-residents claim that home loans in Australia take longer to process due to our elaborate verification processes. Understandably, home loan application processes are different in every country due to specific rules and regulations. However, they do share the...

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Can You Use Your Super As A Deposit?

personOtto Dargan access_timeMarch 12, 2014

Should Australians be allowed to dip into their superannuation for the deposit on their first home? Treasurer Joe Hockey recently floated this idea when speaking with Sunrise‘s David Koch last Friday and it has since roused the ire of members of the Labor Party and former...

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The LAFHA Changes Affect Non-Residents

personOtto Dargan access_timeFebruary 9, 2012

Temporary visa holders on the Living Away From Home Allowance (LAFHA) will now have a reduced income due to changes in the LAFHA policy. This may affect your borrowing capacity. Read on to find out how. What is the LAFHA? LAFHA is an allowance that is designed to be paid to an...

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NSW To Restrict Stamp Duty Exemptions

personOtto Dargan access_timeSeptember 13, 2011

From January 1, 2012, New South Wales first home buyers will only be eligible for a stamp duty exemption on newly built and “off the plan” homes. These changes will significantly disadvantage a large majority of first home buyers, as over 80% of homes bought in NSW...

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