Search results

We'll see if Brogden keeps his promise if he ever gets elected :) Basically the fee on property sale will push more people interstate and to shares - they don't tax share profits the same way.... Cheers, Aceyducey

Criminals! If they have ANY decency whatsoever they will reverse the tax decisions of the last few weeks. I hope people remember their incompetence & duplicity when the next election year comes round...unfortunately I will not be able to vote against them. However I do have assets affected...

Patosan, You can find Land Tax information state by state from the Offices of State Revenue. A central link to all of the departments is here; http://www.ato.gov.au/nonprofit/content.asp?doc=/content/33750.htm To my knowledge no one has an overall guide by state to land tax...at least I...

Why does this silly term 'mum and dad investors' keep popping up! Would people STOP using the term, as it is used, in a derogatory fashion. Just because you're a parent doesn't mean you're a naive & inexperienced investor. In fact I'd suggest that the majority of experienced...

AJK, The government prints money & guarantees it's value - so basically this means that money fits your definition of faeces. Doesn't leave you many places to go. Cheers, Aceyducey

I'd like to point out the the effects are exaggerated in NSW. They are the largest and wealthiest state. 12% of Australia's households is a national figure. I'd anticipate that this would be much closer to 20% in NSW. It only takes around a 5% shift in votes to unseat most governments in...

Always_Learning - self-managed super funds. Cheers, Aceyducey

Curious isn't it - when the government changes the investment rules it's the guys with few or no investments who get most upset. People with larger investment portfolios adjust & move on. I think that it's at least partly to do with peoples' mindsets. The more flexible & creative you are...

Because they haven't Baloo :) Smoke & mirrors! NP2003 - are you a battler? Cheers, Aceyducey

A lot of that apparent bulk is desert NP2003, and a lot more of it has inadequate services to support even moderate populations :) I prefer to think of Australia as lots of islands of population connected by long roads. Cheers, Aceyducey

Caution is one thing Spark, but there's a difference between caution & ignorance! I think you need to do a lot more work to understand property :) 'If there is any growth'.... Well look at the key indicators & trends over the last 30+ years - you can expect house prices in Sydney to double...

AAhh - so a slower sideways market with a few dips is a 'crash'. Thanks for the revised definition :) You'd better avoid SA, WA & QLD where property prices are still on an upswing in many areas. And avoid regional areas where it is still possible to achieve positive gearing (though larger...

Interesting viewpoint Spark. What price crash? How are governments 'trapping' investors? How would trapping them make them choose to subsidise the market? Cheers, Aceyducey

To make this clear - it's a NSW government initiative. PPORs and farms are exempt. Cheers, Aceyducey