Federal Budget 2024: What’s In It For Property?

With property and housing front and centre of political, social and economic debate so far in 2024, Treasurer Jim Chalmers has delivered his hotly anticipated federal budget for 2024–25 to Parliament. Walking a fine line between delivering cost-of-living relief without adding to inflation, the Treasurer sought to assure Australians in his 2024-25 budget address that…

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RBA Delivers March Cash Rate Decision

Dear Client RBA DELIVERS MARCH CASH RATE DECISION It’s the first-rate decision to be handed down outside of the previous ‘first-Tuesday-of-the-month’ announcement pattern.    In its second meeting for 2024, the Reserve Bank of Australia (RBA) has opted to hold the cash rate at 4.35 per cent.    The decision to keep the cash rate…

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CHANGES TO THE RESIDENTIAL TENANCIES ACT

Dear Client   CHANGES TO THE RESIDENTIAL TENANCIES ACT   REISA lobbies Labor Party   The State Government is seeking reform, issuing rolling changes to the Residential Tenancies Act 1995 & REISA is campaigning the SA Government to seek full visibility over these rolling reforms.   REISA has forwarded a comprehensive submission to the Government…

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A LANDLORD’S GUIDE TO THE EOFY

Dear Client A LANDLORD’S GUIDE TO THE EOFY With the End of Financial Year (EOFY) fast approaching it is a good time to review whether you are doing all you can to be tax-compliant but also whether there are any opportunities to increase investment property returns. While many of us don’t particularly enjoy tax time…

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