Real estate agents, lawyers, conveyancers and accountants must now verify where a buyer's money comes from under new anti money laundering laws, with penalties of up to $31.3 million if they get it wrong.
With the end of the financial year on 30 June approaching, property investors who know their deductions can significantly reduce their tax bill. Here's exactly what the ATO allows — and a few traps to avoid.
Australia’s first-home buyers are being pushed further out of the property market, as rising housing costs continue to outstrip income growth despite recent relief in interest rates.
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