A new insurance product that protects against tenant insolvency has recently emerged within the Australian insurance industry. This product is offered exclusively through GSA Insurance Brokers, who provide “Commercial Tenant Default Insurance” to protect property owners against the exposure of tenant default and insolvency. The product is currently available for all types of commercial, retail […]
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Current Economic Impacts – January 2016
Posted date: January 22nd 2016 . Author AdminSydney .
The current global financial market outlook has highlighted some concerning issues that may impact the Australian economy and all sectors of the property industry. On 16th January 2016 the United States and the European Union lifted sanctions against Iran. These sanctions included banking, steel and shipping, which had been in place since 2012. Access to […]
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Australia most likely to feel China’s tightening on international capital transactions
Posted date: January 22nd 2016 . Author AdminSydney .
In a bid to strengthen its current weakening economy, China has begun to tighten its cash controls. The financial move could affect individuals and companies looking to invest in international markets such as the Australian property sector. Although there were no specific changes to China’s foreign investment policy, the Chinese Government has urged banks to […]
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Changes to the Significant Investor Visa dramatically reduced application figures
Posted date: January 13th 2016 . Author AdminSydney .
The Significant Investor Visa (SIV) was introduced to attract high net worth investors into the Australian property market. We first reported on the SIV program in 2014, commenting that wealthy foreign investors, particularly Chinese investors, were using the SIV program to invest in the local Australian property market and live in the country. More recently […]
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Auction rates & clearance rates throughout 2015
Posted date: January 11th 2016 . Author AdminSydney .
The Sydney residential market has once again made headlines, this time in regards to the falling auction clearance rates. In response to the reduction in rates, we’ve seen many news articles speculating the possibility of a bursting property bubble and a moderate growth outlook for 2016. The auction clearance rate is a number that describes […]
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