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Top 5: Finance & property quotes week commencing 2 March

By the resi financial blog team, 09 March 2015

Top 5: Finance & property quotes week commencing 2 March

In what's turning out to be ongoing theme in the property and finance worlds, commentary shifted to the official cash rate once again this week. Some industry members were disappointed by the Reserve Bank's decision, while further discussion turned to what's coming in the months ahead for the property and lending markets. Here is a round up of some of the top quotes from the week gone by.

#1. The Reserve Bank of Australia (RBA) stuck to its guns this week and decided against changing the official cash rate, leaving it untouched at 2.25 per cent for a further month ...

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Top 5: Finance & property quotes week commencing January 19

By the resi financial blog team, 27 January 2015

Top 5: Finance & property quotes week commencing January 19

There has been some exciting news in the real estate and finance sectors as the stats for the end of 2014 have started rolling in. Industry spectators have been clamouring to interpret the results and release their findings to the public - and with good reason.

While 2014 ended with a slight dip in activity across several market indicators and an underwhelming GDP performance, statistics from the last few months show some very positive movements.

#1. CommSec released their State of the States report on January 19, revealing the strengths and weaknesses of Aust ...

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Market/Finance News Blog: Tax deductions for home owners

By the resi financial blog team, 20 January 2015

Market/Finance News Blog: Tax deductions for home owners

This year's government tax review could be an avenue to decrease the tax burden on homeowners and buyers, according to the Business Coalition for Tax Reform (BCTR). The Real Estate Institute of Australia (REIA) has joined forces with the other business and community representatives that make up the BCTR​, to engage in a dialogue with the government around how to improve the tax system in Australia.

"The current tax system is stagnating and is not reflective of current social trends for a more mobile population with taxes such as stamp duty restricting both labour and ...

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Top 5: Finance & property quotes week commencing January 5

By the resi financial blog team, 12 January 2015

Top 5: Finance & property quotes week commencing January 5

Although 2014 rounded out to be a good year for the property and finance markets with sustained periods of growth and recovery, 2015 is shaping up to be a more productive year all round. Government investment in better infrastructure is supporting local businesses as well as the efficacy of national industry and the economy. The construction industry, which saw increases in activity and approvals throughout the year, contracted sharply towards the end, but is forecast to grow in strength this year.

#1. The Australian Industry Group and the Housing Industry Association (HIA) releas ...

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Market/Finance News Blog: Tax reform on the horizon

By the resi financial blog team, 16 December 2014

Market/Finance News Blog: Tax reform on the horizon

A group of industry leaders and business representatives has formed to lobby the government for tax reform ahead of the tax review in 2015. Focusing on efficiency and competition, the group aims to effect wide-spread change that will positively affect consumers and business alike.

According to a release by the Real Estate Institute of South Australia on December 15, the aim of the Business Community for Tax Reform (BCTR) is to give voice to common concerns and to help negotiate what is likely to be an overhaul of the tax system. The members of the group represent large a ...

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