This week the Government has snuck in a few new taxes which is impacting the property market, we look at why flats aren’t taking off and also how Australia is recovering compared to the global property market.

Victoria slashes first home buyers bonus
First Home Buyer’s bonus in Victoria has been slashed (read more)

New property tax blasted
Sneaky! Govt trying to sneak in a new tax for the sales of expensive properties with the Budget (read more)

Why flats are flat
Just not feelin’ it: why flats are flat. Carolyn Boyd shares why apartments aren’t happening. (read more)

Why did the RBA take the action it did in May?
Aussie’s John Symond looks at why the RBA raised rates in May

Oz leads world in house price recovery
So over it: Australia is leading the way in house price recovery, globally (read more)

Agent ‘obliged’ to ensure ability to repay loan
Agents legally bound to see if you can afford to repay a loan, after Melb pensioner failed to repay (read more)

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