UPDATE –> Stamp Duty Concession Update 1 July 2013 Summary From 1 July 2013 First home buyers will receive $10,000 if they purchase a new home (off the plan, land and building, etc). First home buyers will be entitled to a 40% reduction on stamp duty (subject to eligibility – see below).
Watch This Space – Online Conveyancing We are very excited to announce the forthcoming launch of our Online Conveyancing Portal. We are investing heavily in increasing efficiency and convenience for everyone involved, real estate agents, clients, bankers, etc. Update: The National e-Conveyancing network is fast becoming reality.
Property Market & RBA Official Interest Rates in June 2012 The Reserve Bank of Australia (RBA) has announced a 25 basis points cut. As a result the official interest rate (cash rate) is now 3.5 percent. As always
What actually is the RBA’s interest rate? The Rerserve Bank of Australia’s (RBA) announced interest rate are not anywhere near the amounts the banks charge for money they lend through home loans, personal loans, etc. So what is the RBA interest rate then then?
Property Market & RBA Official Interest Rates in March 2012 Housing prices have shown some signs of stabilising recently after having declined for most of 2011, but generally the housing market remains subdued. The Reserve Bank of Australia (RBA) has announced a 50 basis points cut.