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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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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Source: NSW Government
State-wide outdoor smoking bans to change the layout of pubs, cafes and clubs
Posted date: July 23rd 2015 . Author AdminSydney .
New smoking laws for outdoor dining venues came into effect on the 6th of July 2015 affecting clubs, hotels, cafes and food fairs. The new law bans smoking within 4 metres of a pedestrian entry or exit of a hospitality venue; therefore creating ‘the 4 metre law’ (NSW Government). Penalties of not abiding by this […]
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Looking Behind the Headline Figure
Posted date: July 10th 2015 . Author AdminSydney .
Whilst there are a number of houses in Sydney selling for over $1million, and is considered one of the most expensive market to purchase a house in Australia, the headlined median price of $930,000 does not necessarily apply to the overall Sydney market. The headline median price reflected the average price of houses that was […]
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