Latest Property News

Budget Snapshot

By Street News on 20 May 2013 No Comments

The Federal Budget revealed a deficit of $19.4 billion this financial year with Wayne Swan forecasting that the Budget will be back in surplus by 2015/16. An interesting speech with few handouts prior to the election. We listed some of the key points ...

Local Insights – Maroondah

By Peter Sarmas on 18 May 2013 No Comments

In the wake of the decision by the Victorian Government to abolish the First Home Owner Grant for established homes on 1 July, Donna Walpole, Sales Consultant for Hocking Stuart Ringwood, says that first home buyers are moving quickly to secure homes in Maroondah ...

Melbourne Property Market Update – May 18, 2013

By Peter Sarmas on 18 May 2013 No Comments

All eyes were on Parliament this week as the Labour Government delivered its 2013-14 Federal Budget. Many in the property sector were critical about the lack of direct stimulus for the industry,. However, there are some indirect benefits in terms of infrastructure, rental affordability, pensioner downsizing and superannuation reforms ...

The Spectacular Mansions of The Great Gatsby

By Heather Scott on 17 May 2013 No Comments

The whole world seems to be abuzz about Baz Luhrmann’s production of The Great Gatsby, which screens here from May 30. Sydney served as the backdrop for Luhrmann’s roaring 1920s New York, after beating out the Empire State as a filming location ...

Property Red Flags

By Greville Pabst on 16 May 2013 1 Comment

Differentiating between properties that will perform and those that won't remains a tricky business. When it comes to identifying poor performing properties there are some easily recognised, and yet commonly ignored, red flags ...

Federal Budget ignores pressing housing issues, says HIA

By Peter Sarmas on 15 May 2013 No Comments

The Housing Industry Association (HIA) released a scathing review of last night’s 2013 Federal Budget in which it said the Federal Government largely ignored Australia’s residential building industry and missed an opportunity to implement further measures to increase housing supply ...

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