More Bad News For Purple Bricks: Shares Price Forecast Slashed

Purple Bricks is hitting headlines a lot in recent months, unfortunately for all the wrong reasons. The anti-commission-collector brand was hit with more bad news from investment bank analysts this week shortly after being advised by Berenberg Investment Bank to "Get out of Aus & US to Survive". This week's headline is a slashed share …

Continue reading More Bad News For Purple Bricks: Shares Price Forecast Slashed

1st – 7th May Is Property Manager Mental Health Week

Violence, threats, intimidation, stress, workloads and tenants placing their own life's problems on the rental manager's desk to deal with. These are daily occurrences never mentioned in a property manager's job descriptions, but they unfortunately all too common. Industry advocate Brett Wheatland is promoting this week as Property Manager Mental Health Week with SAPMC Industry …

Continue reading 1st – 7th May Is Property Manager Mental Health Week

RBA Cash Rate Decrease Now “47% Likely” – Financial Markets

With Australia's housing crash officially dubbed "the worst since the GFC", financial markets have started pricing assets on the ASX with a 47% likelihood of an RBA cash rate decrease of 25 basis points (down to 1.25%). Market expectations of a rate cut are provided by the RBA. Source: asx.com.au This would break the record …

Continue reading RBA Cash Rate Decrease Now “47% Likely” – Financial Markets

REIA President Adrian Kelly Goes Toe-To-Toe With Tax Lawyer on Negative Gearing

REIA President Adrian Kelly has appeared on ABC News Breakfast this morning debating negative gearing with Tax Lawyer & Professor Miranda Stewart (University of Melbourne). The interview comes amid REIA's anti-Labor campaign protesting the proposed changes, and Bill Shorten's attacks on agents. https://twitter.com/BreakfastNews/status/1123033473520771073 Stewart argued that the policy would not result in higher rents, and …

Continue reading REIA President Adrian Kelly Goes Toe-To-Toe With Tax Lawyer on Negative Gearing

Property Spotlight: Gorgeous Character in Mosman NSW

Mosman is hands-down one of Sydney's most recognisable suburb names, known for it's rich, beautiful surrounds and the lifestyle it offers the locals. The NSW suburb is also known for it's dining, fashion and famous faces you'll see around the suburb. Mosman's median price is a little over $3.7m, so getting a foot into the …

Continue reading Property Spotlight: Gorgeous Character in Mosman NSW

BREAKING: Labor Pulls Negative Gearing Policy Info From Site

The ALP's website has significantly cut-back the information available on their headline policy of negative gearing reform. The changes include removing nearly 90 paragraphs of information and fact sheets, including explainer charts and diagrams, down to just 10 paragraphs. Despite the lack of information, the site still lists the policy as being put into effect …

Continue reading BREAKING: Labor Pulls Negative Gearing Policy Info From Site

BREAKING: Bill Shorten Hits Out At Agents

Quote-Only Article Bill Shorten has hit out at the REIA's campaign to fight Labor this election, saying: “Well, the real estate agents, it’s obviously in their financial interest to keep taxpayer money flowing to their business model? You’ve gotta ask yourself, why are they campaigning? They’re campaigning because they like to have people bidding for houses …

Continue reading BREAKING: Bill Shorten Hits Out At Agents