Luke Graham

How is the market responding to COVID’s second spike?

Luke GrahamLeave a comment

When I saw the impressively low numbers of coronavirus in Australia, I was pleasantly surprised. We Australians aren’t known for our adherence to rules, even if it means preserving our lives. Low and behold, a series of quite significant social distancing contraventions have since led to a second spike. Fortunately, by global standards, Australia is still doing extremely well. In fact, Australia’s current death toll is equal to about three days’ worth of COVID-related deaths in the United Kingdom. With the Victoria-induced second spike surpassing the country’s first, let’s hope the worst is now behind us.

Read More

Matthew Anschau

How JobMaker infrastructure projects could impact your investment property

Matthew AnschauLeave a comment

In order to stimulate the economy following the outbreak of coronavirus earlier this year, the federal government announced JobMaker. The scheme offers fresh infrastructure investment that will fast track key projects in Australian states and territories. This will provide economic and employment growth, prompting expectations that national unemployment will not exceed 8 percent as predicted by Treasury Secretary Dr Stephen Kennedy.

Read More

Luke Graham

So, negative gearing is back in the news…

Luke GrahamLeave a comment

Over the past week, a number of articles have been published by Australian media outlets on taxation, stimulus packages, and of course, negative gearing. This follows the launch of the HomeBuilder scheme, one of multiple packages aimed at stimulating economic activity during the coronavirus fallout. Recent ATO figures have also fuelled commentary, with the Sydney Morning Herald exclaiming that “the cost to Australian taxpayers of negatively gearing rental properties had climbed to $13.1 billion ahead of the 2019 election…”

Read More

Luke Graham

Ignoring your super in a good way..?

Luke GrahamLeave a comment

It’s the year 2047. The Australian population is fast approaching 40 million, most of the world’s superpowers have reached their net-zero emissions targets and President of Mars Elon Musk is celebrating his 76th birthday. Born at the dawn of the 1980s, you’re looking forward to finally retiring and accessing the wealth you created through superannuation. What a time to be alive!

Read More

Luke Graham

Will government try to fuel economic recovery with foreign investment?

Luke GrahamLeave a comment

For the last few years, the amount of foreign investment in Australian housing has plummeted. This corresponded with the implementation of penalty duties in every state and territory, which typically deemed an investment unviable. In New South Wales for instance, a foreign investor would be liable to pay the usual $40,000 transfer duty, as well as an additional $80,000 surcharge purchaser duty. This sunk cost is equal to more than 10 percent of the property’s value, an amount that would usually be enough to fund their deposit. With the current duty in place, a foreign investor would need a year or two of strong growth just to recoup their costs.

Read More

Luke Graham

Home buyers return as consumer confidence rises

Luke GrahamLeave a comment

Last week, CoreLogic reported that home buyers are returning to the market at levels that outweigh new listings. The balance of supply and demand has tipped in favour of sellers as the number of listings fell, despite new listings increasing by 22.4 percent over the four weeks to 31 May. This means that sellers have returned to the market, but demand from buyers ate up all the extra listings. Property listing platforms saw a significant increase in web traffic as Australia passed the worst of coronavirus, with data from SimilarWeb showing an increase between April and May of 22.3 percent for realestate.com.au and 17.1 percent for domain.com.au.

Read More

Luke Graham

What does HomeBuilder say about supply and demand?

Luke GrahamLeave a comment

The $688 million HomeBuilder initiative offers a glimpse into the state of housing construction in Australia. According to the Australian Bureau of Statistics, the value of work done in residential construction had been steadily declining since 2017. This period also happened to coincide with the peak of Sydney’s recent price and buying activity boom, as well as APRA’s subsequent lending constraints. Housing construction and associated services represent a significant component of both our employment profile and the national economy.

Read More


Login:: Blue Wealth Property

Please provide username or email!

Please provide a password! Hide

Forgot your password?

Forgot Password:: Blue Wealth Property

Lost your password? Please enter your email address. You will receive a link to create a new password.

Please enter an email address!

Back to login form

Close

Share your journey #bwpjourney

// custom addthis from email address