RentCover Report
Another day, another rate rise. Fresh off the back of new figures signalling surging house prices across the country and the Reserve Bank did what we all expected and feared with a 0.25 per cent interest rate hike.
The inevitable contraction in the home buying market will lead to increased competition for rental properties. This is where investors need to be sure to keep their properties in tip-top condition to achieve optimum returns, confident that EBM is assisting in the protecting of their investment.
In other news, The Federal Government’s first response to the highly-anticipated Henry Tax Review has been met with mixed opinions from the Australian business community. Find out why the commercial property industry has welcomed the reforms.
We also report on a disturbing case from Western Australia where a landlord discriminated against Aboriginal tenants and faced action in the State Administrative Tribunal.
And while the swiftly changing market forces have everyone guessing about their impact on all aspects of the housing markets there is a sobering prediction from Edward Chancellor – the man predicted the Global Financial Crisis two years before it happened – who has warned about the vulnerability in Australia’s property markets.
I hope you enjoy this edition of the RentCover Report and look forward to updating you again next month!
Sharon Fox-Slater
General Manager, RentCover
To ensure that your property is reaching it’s highest income potential, contact the property management expert and award winner, Melanie Dennis at Domain Property Advocates on 9853 5599.
If interested in learning more about this update please contact me today!
Tags: australian business community, back, Bank, cent, edward chancellor, interest rate hike, property management expert, Report, Reserve, state administrative tribunal
 |
As Domain Property Advocates continues to grow I will continue to provide superior service to those choosing to use property as their investment. It is an important choice of who to choose as the one responsible to look after your property. You can be sure that Domain Property Advocates will always strive to be the best. |  |
