Election Outcome Brings Stability to Residential Property Market
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Election Outcome Brings Stability to Residential Property Market

Australian real estate specialist, and ParkTrent Properties Group’s CEO, Ron Cross says the coalition’s reinstatement is a welcome boost to the property market and investors. Mr Cross believes the proposed changes to negative gearing were a short-sighted move by the Labour party. “Labour’s proposal to lower the discount on the capital gains tax from 50%…

Property Depreciation 101

Property Depreciation 101

With tax time fast approaching now is the perfect time to get clear on what you, as the owner of an investment property, can claim as a tax deduction. Depreciation is one of many tax deductions available to property investors that will reduce your taxable income so you pay less tax. Unfortunately it is often…