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Expert Evidence case managed by QLD Land Court

  Courts are taking an increasingly interventionist approach to case handling and in the Land Court of QLD, the court is managing Expert Evidence and deciding what is admissable and what is not. This can lead to evidence being discounted where experts have been asked to address questions that the court decides are irrelevant and  [...]

By |2021-07-30T07:00:34+10:00July 29th, 2021|News|0 Comments

THE NEGATIVE GEARING DEBATE CONTINUES

Tax Depreciation For advice on Tax Depreciation benefits in relation to your investment property contact the Specialist's with the greatest experience at www.abbcon.com.au At Abbcon we are of the opinion that stamp duty changes and foreign investment lending rules are mostly responsible for changes in the property market, which show an increased proportion of first [...]

By |2018-07-23T08:33:50+10:00February 6th, 2018|News, Tax Depreciation|0 Comments

Tax Depreciation Schedules Split 50:50 Increase Joint Owner Deductions

Splitting Tax Depreciation amongst multiple owners can improve your bottom line One of the lesser known benefits of being a joint owner of an investment property is that the depreciation claims can be higher overall when split between two or more owners. Splitting a Tax Depreciation Schedule between joint investment property owners will optimise deductions [...]

By |2018-07-23T08:33:50+10:00December 31st, 2017|News, Tax Depreciation|0 Comments

Budget 2017 Impacts Residential Tax Depreciation

      Residential tax Depreciation Slashed by Federal Government Legislation 2017 The federal government changes to the depreciation of plant which were proposed in the May budget were passed by the senate on 15th November 2017. A number of property investors have contacted Abbcon Associates as experts in preparation of Tax Depreciation Schedules, to [...]

By |2018-07-23T08:33:50+10:00December 15th, 2017|News, Tax Depreciation|0 Comments

Reserve Bank cuts interest rates to an all time low at 2.0%

      (05/05/2015) Today's decision by the Reserve Bank to cut interest rates by 25 basis points brings rates to an all time record low of just 2.0 per cent. This is great news if your in the market for an investment property or looking to reduce your existing debt. As Melbourne property sales [...]

By |2018-07-23T08:33:51+10:00May 5th, 2015|News|0 Comments

Home Interest Stability

Reserve Bank flags period of interest rate stability at 2.5 per cent (04/02/2014) The Reserve Bank has left interest rates on hold, and says that is where they are likely to stay for some time. The official cash rate target has now been steady at 2.5 per cent for the past six months, after the [...]

By |2018-07-23T08:33:51+10:00February 2nd, 2014|News|0 Comments

RBA Lowers Rates

RBA Cuts Interest Rates to Record Low 2.75%Cheers borrowers with rate cut (07/05/2013) The Reserve Bank has slashed interest rates by 25 basis points to a historic low of 2.75 per cent, the first reduction this year. The decision followed a spate of soft economic data that increased calls by industry groups and other observers [...]

By |2018-05-16T12:32:00+10:00May 7th, 2013|News|0 Comments

RBA Rate Cut

RBA Cheers borrowers with rate cut (02/10/2012) The Reserve Bank has cut official interest rates to their lowest in three years in response to a worsening outlook for the global economy and signs of a weakening local labour market. The RBA cut the cash rate by 0.25 percentage points to 3.25 per cent in a [...]

By |2015-04-21T07:02:06+10:00October 10th, 2012|News|0 Comments

Property Values Rise

Property Values Continue to Rise (06.09.12) According to figures from RP Data-Rismark, housing prices in Australia’s capital cities Property continue to rise. Property prices in Sydney rose 0.1 per cent last month, the fifth such monthly increase this year, taking the increase over the quarter to 2.4 per cent. In other capital cities quarterly increases [...]

By |2018-05-16T12:33:43+10:00September 9th, 2012|News|0 Comments

Negative Gearing to Stay

Tuesday 26th June 2012 The Prime Minister Julia Gillard announced on Tuesday that Negative Gearing for property investors will not be removed. The Government ruled out removing the tax break and the federal opposition is of like mind on this issue. A property is negatively geared when the costs of owning it – interest on [...]

By |2018-07-23T08:33:51+10:00July 20th, 2012|News|0 Comments
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