No Capital Gains Tax
Three weeks ago, people were hesitating to make property investment decisions pending the government’s announcement on a Capital Gains Tax. I think most of us were expecting a CGT, at least on residential property – but there was nothing. Political genius, opportunism, planned? Call it what you want – Capital Gains Tax is essentially off…
Read MoreInsulation Deadline Looms
Insulation statements are compulsory on all tenancy agreements signed since 1 July 2016. Landlords must disclose whether there is insulation in the rental home, where it is, as well as what type it is and what condition it is in, so tenants can make an informed decision. Ceiling and underfloor insulation will be compulsory in…
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Property Prices Set to Rise 5,000%
In 1980 my parents bought a property in Mt Eden for about $56,000. No, I didn’t miss a zero off the end. That is what houses were worth back then in central suburbs. It was a big deal for my parents – 5 kids to house and busting a gut to get into good school…
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