Category: APRA
Ask Kevin Young Episode 107 - Can You Explain Land Tax?
G’day In this week’s episode I’m going to explain how land tax works. Land tax is a state tax calculated on the land value of the property you own. Currently in QLD you pay land tax once your land value goes over the $600,000 threshold. So what’s the benefit of land tax? Well for you there’s not…
Ask Kevin Young Episode 106 - When Will Brisbane Property Prices Rise?
G’day In this weeks episode I’m going to discuss when Brisbane’s property prices are going to take off. Currently, Brisbane’s growth is sitting on the ground floor compared to some other major cities in Australia. The media has spun this by saying the growth has been going back 4% each year, but…
Ask Kevin Young Episode 80 - APRA and ASIC'S Effects On Loans
G'day! In episode 80 of Ask Kevin Young I give the answers to an important question regarding ASIC and APRA’s new regulations. How will they affect renewing an interest only loan after a fixed term? We should ignore the bureaucracy of what APRA is doing as it will soon correct itself. Right now we…