After a prolonged 7 years of extremely accommodating, near-zero interest rates in the United States, the Federal Reserve has today tightened interest rates to between 0.25 and 0.5 per cent. Today’s historic move is the first increase in almost a decade, and came as no surprise to anyone with the …
The Australian Taxation Office (ATO) is preparing to embark on an unprecedented data matching program, today asking state authorities for extensive records relating to real property from the period of 20th September 1985 to 30 June 2017. In a notice published today in the Government Gazette, the ATO indicates “The …
Melbourne and Sydney has witnessed substantial property price falls in November as auction clearance rates took a tumble. According to CoreLogic RP Data, Melbourne property prices fell a sizeable 3.5 per cent in November, followed by Sydney notching up a 1.4 per cent decline for the month. Australia’s two largest …
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