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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Australia most likely to feel China’s tightening on international capital transactions
Posted date: January 22nd 2016 . Author AdminSydney .
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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Early release of superannuation may be within reach for those experiencing financial hardship from a residential mortgage or needing property modifications
Posted date: August 18th 2014 . Author Gregory Preston .
The Australian Government has policies in place to cater for people who encounter financial hardship and require assistance paying a mortgage or modifying a property. Those experiencing these circumstances may be eligible for the early release of super to assist with the financial hardship Mortgage assistance can help prevent a home being sold by the […]
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Image Source: NSW Government
The impact of recent changes to the Environmental Planning & Assessment Amendment (Fire Safety) Regulation on property values
Posted date: August 15th 2014 . Author Gregory Preston .
As of July 18th 2014 a number of changes came into play for the Environmental Planning and Assessment Amendment (Fire Safety) Regulation. These include changes to requirements for Complying Development Certificates (CDCs) and Construction Certificates (CCs), such as the removal of building fire safety reports when submitting a CDC. The NSW Government Building Professionals Board […]
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Source: NSW Liberal Government.
Parking Space Levy for commercial spaces within some of Sydneys top business districts
Posted date: August 10th 2014 . Author Gregory Preston .
The 2014 parking space levy run by the NSW Government is broken up into two leviable district areas including the City of Sydney business districts, North Sydney and Milsons Point business districts along with Bondi Junction, Chatswood, Parramatta and St Leonards. Originally introduced in 1992 to avert car use in business districts by placing a […]
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