Property Investor 2019 tax deductions

“Deductions for landlords

All property related expenditure paid before 30th June is eligible as a deduction against the rental income for the current financial year. To maximise your deductions as an investor, you should consider the following:…”

Click the link to find out more great info before the EOFY:

http://www.apimagazine.com.au/property-investment/eofy-tax-planning-strategiesEOFY Tax Planning Strategies – Australian Property Investor

http://ljgilland.blogspot.com/2019/06/rba-sends-unusual-signal-to-market.html

http://ljgilland.blogspot.com/2019/06/rba-sends-unusual-signal-to-market.html

Housing affordability improves while rental affordability declines: report & analysis of new data from the Australian Bureau of Statistics has found that a slowdown in housing approvals is being felt in the economy at large.

Housing affordability in Queensland improved with the proportion of income required to meet loan repayments decreasing to 27.5%, a decrease of 0.6% over the quarter but remaining steady compared to the same quarter last year.

Over the March quarter, the number of loans to first home buyers in Queensland decreased to 4,677, a decrease of 17.4 per cent over the quarter and a decrease of 17.1 per cent compared to the same quarter of 2018. The number of loans (excluding refinancing) decreased in Queensland to 17,979, a decrease of 16.9 per cent over the quarter and a decrease of 14.9 per cent compared to the March quarter of the previous year.

Rental affordability in Queensland also improved over the quarter with the proportion of income required to meet the median rent decreasing to 22.0 per cent, a decrease of 0.1 percentage points over the quarter and a decrease of 1.1 percentage points over the past year.

ljgrealestate

Queensland

Housing affordability in Queensland improved with the proportion of income required to meet loan repayments decreasing to 27.5%, a decrease of 0.6% over the quarter but remaining steady compared to the same quarter last year.

Over the March quarter, the number of loans to first home buyers in Queensland decreased to 4,677, a decrease of 17.4 per cent over the quarter and a decrease of 17.1 per cent compared to the same quarter of 2018. The number of loans (excluding refinancing) decreased in Queensland to 17,979, a decrease of 16.9 per cent over the quarter and a decrease of 14.9 per cent compared to the March quarter of the previous year.

Rental affordability in Queensland also improved over the quarter with the proportion of income required to meet the median rent decreasing to 22.0 per cent, a decrease of 0.1 percentage points over the quarter and a decrease of…

View original post 1,859 more words

J.P. Morgan expects the RBA will slash Australia’s cash rate to just 0.5% by the middle of next year. The cash rate currently sits at 1.5% The bank says 50 basis points of cuts are unlikely to be sufficient to lower unemployment to levels where inflationary pressures begin to increase. Financial markets see a 25 basis point rate cut in June as a near certainty. Another 25 basis point cut is also fully priced by November.

ljgrealestate

Sharp uptick in housing sentiment post-federal election in some states: Westpac

Consumer sentiment towards the housing market has certainly lifted following the election.This article fromDomain.com.auexplains the results.

Consumer sentiment towards housing has been boosted across some of Australia even before taking into account the re-election of the federal Coalition and key monetary policy changes, Westpac Australia Economics says.

Sentiment in NSW toward house prices has taken a sharp turn upwards, likewise Tasmania.

The response was more muted in the national results, and in Victoria, Queensland, the ACT and the remaining states and territory,Westpac #Housing pulse #May #2019 by @GillandDebello #2019 #australia https://www.slideshare.net/GillandDebello/westpac-housing-pulse-may-2019 released on Tuesday, shows.

“Prices have continued to decline but at a slower pace. Turnover remains very low but auction markets and listings are showing an improved tone,” the report states.

NSW housing–related sentiment from consumers. Photo: Housing Pulse report by Westpac Economics.

Consumer sentiment about…

View original post 1,825 more words