South Australia


Read the latest South Australia property market news, feature articles, commentary and analysis here.

negative gearing

Property investors face greater ATO scrutiny following $78 million data-matching budget handout

The money will be used to strengthen existing reporting systems for taxable government grants and sales of real property, among other things.

mortgages

Variable rate borrowers need to look outside the Big Four banks for a competitive mortgage deal: RateCity CEO Alex Parsons

RateCity's chief executive says borrowers should take advantage of the low interest rate environment to ensure they have a competitive mortgage deal and to demand a discount.

economy

The budget has funded some good reforms but should have included more savings: Shane Oliver

Property prices are likely to continue gaining at a modest pace on the back of low interest rates and as domestic growth starts to pick up.

commercial

Federal budget a hit and miss for commercial property sector: Cushman & Wakefield

The housing market is a critical driver of the broader economy and the commercial property sector by extension says Cushman & Wakefield managing director David Woolford.

demographics

REIV offers guidance on likely pocketed price difference when age pensioners downsize Melbourne homes

REIV CEO Enzo Raimondo said that through downsizing retirees could increase their incomes and remain in the same area they had been living.

economy

The budget should be about setting Australia up for hope and confidence: Ken Raiss

The federal budget should be setting the nation up for hope and increased confidence rather than disillusionment.

reits

GPT set to resume takeover talks with Australand but block share trade still possible: Street Talk

There has been no official announcement from either GPT or Australand about a resumption of talks.

economy

ACT to lead federal budget downsizing seniors home scheme given stamp duty concession availability

Stamp duty costs are one of the biggest impediments to retirees looking to downsize, advocates for change have said in many submissions over the years.
The Block Sky High hammers House Rules everywhere except Per...

the block

The Block Sky High hammers House Rules everywhere except Perth

Perth was the only market where House Rules rated higher than The Block.

mortgages

Commonwealth Bank reports $1.9 billion quarterly profit but with higher Bankwest home loan arrears rates

The Commonwealth Bank reported unaudited cash earnings for the three months ended 31 March 2013 of $1.9 billion.

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      Macquarie's harbourfront-bound Nicholas Moore finally secures Federation Mosman sale Jonathan Chancellor
      Meanwhile, Mike Quigley, boss of the federal government's National Broadband Network, has also sold his Mosman mansion recently at $3,555,000. It represented a loss on the $3.6 million paid in 2007.
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