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Month: June 2020

What is capital gains tax?

By John Posted in General On

Capital Gains Tax was introduced in Australia in 1985 and applies to any asset you’ve acquired since that time unless specifically exempted. According to the Australian Tax Office, a capital gain or capital loss on an asset is the difference between what it cost you and what you receive when you dispose of it. You […]

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This weeks Australian property update

By John Posted in News On

Lot’s of property news and data over the last week. New home listings have blown out in Sydney as sellers are feeling more confident. Dr Andrew Wilson has been reporting this for a few weeks and now Domain data shows that the level of new listings of properties for sale rose 46 per cent over […]

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