Source: Pilot Partners With the new capital gains tax (CGT) rules commencing from 1 July 2027, asset holders, including business owners, are considering how to establish the market value of affected assets at 30 June 2027 to preserve the benefit of the current CGT regime for gains accrued up to that date. While there has been speculation in the media that obtaining valuations may become difficult due to increased demand prior to 1 July 2027, a valuation generally does not need to be obtaine...

Source: Big Law Queensland’s smoke alarm laws have been rolling out in stages for a decade, and most people have encountered them only when selling or renting out a property. That changes on 1 January 2027, when the final stage takes effect and every domestic dwelling in Queensland must have interconnected photoelectric smoke alarms — including homes that are simply lived in by their owners and have never been on the market. With roughly four months to go, this is the point at w...

Source: API What is the Intergenerational Report? The Intergenerational Report—handed down by the Federal Treasurer—examines Australia’s economic trajectory for the next 40 years. It identifies the expected areas of major transformation, provides long-term economic projections and analyses the impact on government budget. Expected areas of major transformation over the next 40 years The AI revolution – Artificial intelligence is expected to be a “definin...

Source: Cotality How energy efficiency in real estate is influencing property value and buyer demand Energy efficiency in housing is something I have experienced personally, professionally and increasingly, as part of Australia’s national housing conversation. When we rebuilt our own home to a high standard of energy performance, I saw first-hand what good design can deliver. A home that is quieter, holds its temperature, is healthier, more comfortable and less expensive to run. Time...

Expert Witness Valuers Proud to have been one of the presenters on an excellent webinar focused on Expert Witness Valuers – preparation, reporting and cross-examination. It was a privilege to be part of such a high-quality panel, alongside Keith Wylie, Barrister and Chief Justice of the NSW Supreme Court; Sam Volling, Special Counsel at Corrs Chambers Westgarth; Caroline Tucker; and a specialist Art & Jewellery Valuer from Melbourne. The panel provided an insightful and highly in...

Source: News.com.au Australia’s largest bank has reported an eye-watering profit but warns the economy and mortgage applications are slumping. In its latest update to the market, Commonwealth Bank reported a 15 per cent slump in loan applications since May. Loan applications have also dropped 17 per cent from the same time last year. This coincides with the federal government’s controversial changes to property taxes, including the scrapping of the 50 per cent capital gains ta...

Source: The Australian The federal budget derailed traditional tax planning and wealth accumulation strategies in place for generations, and yet months after it stunned the nation, so much detail remains unanswered, leaving too many people in limbo over their future finances. Key changes have been legislated, including restrictions on negative gearing, overhauling capital gains tax and cracking down on superannuation lending. And even then, we’re now getting a second wave of legislati...

Source: REIQ Queensland’s rental market remains tight overall, but over the last quarter more than half of the state's regions recorded an increase in vacancies, including some bigger spikes in parts of regional Queensland and some areas reaching their highest rates since COVID. The Real Estate Institute of Queensland’s (REIQ) latest Residential Vacancy Rate Report for the June 2026 Quarter found 27 of the 50 regions tracked across the state recorded a rise in vacancies this...

Source: Linkedin Australia’s housing downturn is now underway. Higher interest rates have reduced borrowing capacity, lifted mortgage repayments and weakened buyer confidence. The federal Budget has added further uncertainty, particularly among investors, while homes are taking longer to sell and vendors are increasingly having to adjust their expectations. The pace of decline accelerated in July. Cotality’s Home Value Index shows national dwelling values fell by 0.7 per cent ov...

Source: Linkedin The housing measures announced in the federal Budget on 12 May were intended to reduce the number of investors buying established properties. In the weeks immediately following the Budget, the early evidence suggested this was occurring. Investor buying fell and investors accounted for their lowest share of auction buyers recorded this year. More recent data, however, suggests that initial response may be fading. Ray White conducts around one in four auctions held across Au...