Property
Buy now or wait for prices to fall: we answer your property questions
The property market is still ticking over, but there are extra challenges for buyers and sellers, landlords and tenants. Here, experts answer nine questions about buying, selling and investing in property during the coronavirus pandemic.
Expats sweat as main residence CGT cut-off looms
Already facing a rapidly approaching deadline signaling the end of exemptions from capital gains tax, expats now face further challenges in selling their former family homes, with only COVID-19 to blame.
$50,000 bonus for new home builders would boost economy
Builders of new homes would receive a $50,000 cash incentive under a Property Council of Australia proposal to generate jobs and boost consumer confidence.
NSW and Victoria push to scrap stamp duty but will land tax save you money?
Stamp duty is an expensive burden for first-home buyers but is an increased land tax the solution for NSW and Victoria homeowners?
Ask Paul: Our son lived in his house then rented it out, does he owe CGT?
Maryke's son bought a house in Australia and lived in it for 12 years before renting it out while he worked overseas as a missionary. Is he exempt from capital gains tax?
Ask Paul: My lender won’t give me a better rate – should I switch?
Rachel asked her bank for a better interest rate on her mortgage only to be fobbed off. Is she better off changing lenders?
‘We went about it the wrong way’: ME Bank reverses redraw decision
ME Bank has reversed its decision to slash home loan redraw limits just days after coming under fire from customers.
ME Bank saga: is it okay for banks to slash redraw balances?
ME Bank has come under fire after customers received letters telling them the redraw balances on their mortgages had been significantly cut without any warning.
Bought off-the-plan and now can’t afford it? Here are your options
Aussies who committed to buy off-the-plan property may lose their deposit if banks will no longer give them a mortgage.
Ask Paul: I’m a nurse – is a pandemic a bad time to buy a house?
Should a Sydney nurse and her husband buy a family home during the coronavirus crisis, or are they better off renting and keeping their money in the bank?
