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Showing 151 - 160 of 175 results for "First Home"

New mortgage products as homebuyers return to the market

Datamonitor's report, Mortgage Products for Australia First Time, has forecasted that with lending commitments to first home buyers totalling $25.7 billion new mortgage products will emerge in the market. The report revealed how the return of first ...

NSW government to run $300 million deficit in 2004-2005

AAP  |  TUESDAY, 6 APR 2004
The NSW government will run a deficit of approximately $300 million in 2004-2005, Treasurer Michael Egan said today. Egan also announced a 2.25% stamp duty levy on the sale of properties, except for farms and principle residences. Overall, the treasurer ...

Home loan affordability lowest in over eight years

AAP  |  FRIDAY, 19 MAR 2004
... affordability across Australia was at its lowest in more than eight years at the end of 2003, making it even more difficult for first home buyers to enter the property market. During the December quarter of 2003, home loan affordability in every state ...

Victorian government lifts mortgage tax

AAP  |  THURSDAY, 26 FEB 2004
The Victorian government will lift mortgage stamp duty for first home buyers while retaining the heftier tax levied on property purchase prices. Premier Steve Bracks said the state tax would be dropped from July 1 this year, a reprieve worth up to $200 ...

Productivity Commission to crack down on homeowners' scheme loopholes

Millionaires would be banned from receiving a $7,000 taxpayer subsidy towards their first home under a call to means test the first homeowners' scheme, the Productivity Commission revealed today. In its discussion paper on first home ownership, released ...

Treasurer announces two appointments to Productivity Commission

... re-appointed Dr Robertson as an associate commissioner until 31 May 2004 to enable him to complete the current inquiry into First Home Ownership,\" Mr Costello said. \"These appointments will help the Commission maintain its important work as the Government's ...

Home lending falls for first time in almost 12 months: ABS

AAP  |  WEDNESDAY, 10 DEC 2003
... 2002. The average loan size eased back slightly to $187,500 - the first fall in six months - and the proportion of first home buyers was steady at a record low of 13.4 per cent. Interest rates rose in November for the first time in almost 18 months ...

Australians still hungry for property AMP indicator reveals

... first homebuyer activity since September 2002. AMP Henderson Global Investors' chief economist Shane Oliver said, "First home buyers are being pushed aside by higher than normal activity by investors which has not only caused housing prices to surge ...

First home buyers housing affordability falls to record low

AAP  |  THURSDAY, 27 NOV 2003
Housing affordability for first home buyers fell to a record low for the second quarter running, dropping by 9.4 per cent in the September quarter, according to the Commonwealth Bank/HIA Housing Report. The report said Australian housing affordability ...

RBA gov says could be generational conflict over tax burden

AAP  |  FRIDAY, 14 NOV 2003
... generation have benefited from 30 years of asset price inflation, while new entrants to the workforce struggle to buy their first home," the 57-year-old said. He sent a warning to the older generation on behalf of the young that some policies might have ...