Stalled housing starts in QLD to pick up due to state government grant

  • August 2, 2011
  • Ayda Shabanzadeh
  • Investment

Recent figures just released by the Housing Industry of Australia have forecast a national fall of 13 per cent in housing starts over the two-year period 2010/11-2011/12, reaching a low of 143,770.

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Building work on new homes increasing even before effect of state government incentive

  • July 4, 2011
  • Ayda Shabanzadeh
  • Investment

Data released last week by the ABS (Australian Bureau of Statistics) indicate that building work on new homes is increasing, with Queensland showing the second highest increase across Australia, behind the Northern Territory. In fact, building work in Queensland increased in the March quarter by 12.8%.

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New property buyers to be boosted by QLD stimulus

  • June 23, 2011
  • Ayda Shabanzadeh
  • Investment

Last week the Queensland Government announced a short term $10,000 grant for new homes, available for all buyers, whether they are first home buyers or investors. Not only is this great news for buyers and investors, offering much-needed financial support for a new home or apartment, but it will also boost our housing construction industry.

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Mortgage uptake increases as buyers snap up low prices

  • June 16, 2011
  • Ayda Shabanzadeh
  • Investment

Some good news is finally starting to filter through about the property market, and that is the fact that buyers have decided to return to the market to take advantage of the opportunities currently available. In fact, recent reports have shown that the national mortgage uptake for May has increased by 18.8%.

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Tax effective investment does not compound affordability issues and encourage get-rich-quick schemes

  • June 11, 2011
  • Ayda Shabanzadeh
  • Investment

There is more talk in the media about the appropriateness of the Government’s practice of providing tax-effective investment for property investors, with various banking experts concerned that negative gearing is compounding affordability issues and encouraging a “get-rich-quick” view among Brisbane property market investors.

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