News

STRATA CHANGES NOW LAW

22 Nov 2016
The much mooted changes to Strata Legislation came into effect on 1 November. The most radical change is that from now, if 75% of owners want to sell, the others in the building must also sell. There is a complicated procedure involved but it&rsqu...

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PROPERTY PRICES STILL RISING

7 Nov 2016
The media is still agog that house prices continue to rise. As we have been saying for the last 2 years, if you flood the economy with cash and lower interest rates, of course any scarce assets will boom. At some point Central Banks worldwide will...

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NEW STRATA LAWS. ARE YOU READY?

23 Sep 2016
A raft of changes to Strata Laws in NSW come into effect on 30 November. The most important change is the ability of an Owners’ Corporation to force owners to sell if a 75% majority is in favour. This has been necessary for so...

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NEW RULES FOR SUPER

26 Aug 2016
If the new rules for superannuation become law, retirees with substantial super will need to allocate their holdings between pension and accumulation phases. This is an important decision. It is critical the Government resolves the issue so retire...

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NON-BANK MORTGAGES MAKING A RETURN

18 Aug 2016
At the time of the GFC, Kevin Rudd made a very unwise decision to guarantee all bank deposits. This wiped out Australia’s long established private mortgage market leaving the Banks with a virtual monopoly. There are signs this alternate mark...

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