Main Residence Exemption Denied for Aussie Expats

The Main Residence Exemption (MRE) has officially been scrapped for Australian expats and other non-residents that own property in Australia. On the 5th December 2019, the Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures) Bill 2019 was passed without amendment. This was originally proposed in the 2017/18 Federal Budget, which effectively meant that if

By |2021-09-15T08:39:31+08:00September 15th, 2021|Australian Expats, Property Investment, Tax|0 Comments

New South Wales Stamp Duty Changes

Residential property is often a key element of investment portfolios for most Australians, and as the largest asset class in Australia, it’s easy to see why. Our love for brick and mortar exposure has remained strong for many years, and we don’t expect that this will change any time soon. This is also reflected in

Victoria Stamp Duty Changes for Investors & Homebuyers

The 2020 Victorian State Budget has been a positive one for homebuyers, providing many with an opportunity to get into the market earlier with changes to stamp duty. While Victoria has decided that they wouldn’t follow down the same path of New South Wales in transitioning away from stamp duty, they have announced that there

Are You Saving More During The Pandemic

­Coronavirus has had a huge impact on our way of life, and how we spend our money is a big part of that.? Job losses and business closures have put many of us in unexpected situations and financial stress, however, many people are saving for the first time. Spending has been cut largely due to

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