Queensland
foreign investmentProperty Council warns against further tinkering with offshore investment rules
Last year, the government doubled the withholding tax rate on distributions to offshore investors from 7.5% to 15%.
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residentialThe property market is on a consistent upward path
Few of the indicators suggest we’re charging into a boom.
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residentialWhat $100k or less got you around the nation last month
Property Observer looks at what $100,000 or less got you last month around the nation, with all states except the Northern Territory, Australian Capital Territory and Western Australia offering a bargain during April.
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mortgagesAussie reduces two and three-year fixed rates below 5% with new variable offering in the mix
The John Symond-fronted brand has dropped its two-year fixed-rate by 0.40% to 4.89% p.a and its three-year fixed-rate by 0.30% to 4.99% p.a.
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residentialMortgage lending surges up 5.2% in March led by NSW and Victoria: ABS
In total there were 48,071 home loan commitments to owner occupiers in March compared with 46,225 in February.
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mortgagesAussie Home Loans appoints Bankwest executive Ian Corfield as new CEO
Ian Corfield was chief executive for Bankwest's retail banking division between 2007 and 2010.
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china watchLJ Hooker looks to sell more property to Chinese buyers with three-year marketing deal with international property listings portal Juwai.com
Juwai co-CEOs will attend LJ Hooker’s annual conference in Queensland this week to explain how LJ Hooker franchisees can attract as many Chinese buyers as possible to their listings.
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residentialRate cuts bode well on the surface but long term downward trend is a concern: Catherine Cashmore
Whilst a drop in rates may on the surface bode well for mortgage holders wanting to pay down debt, the bleak reality remains that for savers, many of whom are would-be first-home buyers, the news is not good at all.
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weekend auction wrapAPM's Brisbane auction results for May 11 weekend
Australian Property Monitors (APM) has released a list of auction results in Brisbane for the weekend of May 11.
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residentialResidential recovery underway but more pain for Stockland as $49 million write-down revealed
Stockland CEO Mark Steinert says the residential land market recovery is lagging the established housing market recovery by around six months.
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