Finance property and renovation blog Australia

Welcome to the resi blog, your source of financial and property news and home renovation ideas by our guest writers to keep you informed in the latest trends on property and finance in Australia.

Market/Finance News Blog: Switching up Australia's foreign investment policy

By the resi financial blog team, 03 March 2015

Market/Finance News Blog: Switching up Australia's foreign investment policy

Offshore investment is a big driver behind the Australian economy. Not only does it help development, but it supports the residential and commercial property markets, creates jobs, bolsters profits and keeps up a healthy level of construction. 

However, with interest rates plummeting and a low Australian dollar, the Federal Government has released plans to strengthen the policy framework surrounding foreign investment in residential real estate. Prime Minister Tony Abbot and Treasurer Joe Hockey noted that the framework needs to tighten around compliance and enforce ...

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Top 5: Finance & property quotes week commencing 23 February

By the resi financial blog team, 02 March 2015

Top 5: Finance & property quotes week commencing 23 February

The Australian construction industry has been the hot ticket of the week, while the end of the week also saw some controversy surrounding the government's plan to tighten its foreign investment policy framework. Here is a round up of conversations this week.

#1. Last week the HIA released its National Outlook for summer 2015, but this week has seen it expand on state specific figures. Victoria was the next state to receive the encouraging news, with HIA Executive Director for Victoria, Gil King, reporting that the government needs to support the construction sector by loo ...

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Property Market Information: New building levels soar

By the resi financial blog team, 26 February 2015

Property Market Information: New building levels soar

Affordability has been the buzz word surrounding the Australian property market in past months, but these pressures look set to ease slightly with the Housing Industry Association (HIA) expecting a boom in the new home build sector. The construction industry has responded positively to demand for new builds from investors and buyer alike, with a record level of new homes in the pipeline.

This will offer some welcome relief to first time buyers in particular. There are concerns that this segment is being forced out of the market, but a fresh supply of new houses across the board wi ...

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