Every Sunday the Australian Property Podcast team deep dive into the biggest news stories of the week, take a plain English look, and tell you what it means for your property.
Buyer’s Agent Pete Wargent is joined by Rask founder Owen Rask this week to cover land tax, build to rent news & the current listing environment.
On this episode of the Australian Property Podcast, we cover these Big 3 stories of the week:
Land Tax
- The Victorian budget has hit property investors hard so what does this mean for you? Do the benefits outweigh the increasing costs?
- Question from our community: Is it better to hold other assets i.e. ETFs that can generate passive income instead?
- What are the monetary implications of selling property assets and moving into another asset class?
- Will increased costs be passed on to renters?
Build to Rent News
- New players in this space: foreign withholding tax that was cut from 30% to 15% meaning an increase in foreign investors could be imminent, what does this mean for Australians?
- Increases in rental supply: is this increasing the number of affordable housing?
- Corporate landlords: What are they? How can it be helpful for long-term renters?
- What are the trends overseas? Will it be the same here?
Listing environment. Why is inventory so low?
- With supply potentially at its lowest point in many years, why are people not selling good quality stocks?
- Why are people holding and renovating?
- When might this issue change?
