New announcement. Learn more

f

Eagle Eye Property Insights - Issue 5

Here is the final Eagle Eye Property Insights for 2023, short and sweet



1. We often have enquiries from clients wanting to register for GST when purchasing lifestyle property. While it’s understandable there can be substantial costs clients would like offset by some cashflow (from GST refunds), there are a lot of considerations that need to be taken into account. My advice - talk to your accountant FIRST!


2. According to Tony Alexander’s December 2023 Mortgage Advisors Survey there is a slight easing in bank lending criteria and test rates. More investors are also approaching their mortgage brokers looking for advice on the back of the change in government.


3. Keep this in mind as you look to your goals for 2024. Despite the high cost of living the surge in migration is holding up the property market and rents. However this may bring additional inflation pressures for the Government to deal with in the New Year.