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"F#$k this, I quit!" Real estate agents are leaving, tree changers head back to the city, and NSW FHB schemes

Pete Wargent and Chris Bates are back on The Australian Property Podcast 2 Sense and talking about the big Australian property stories this week.

In the spotlight this week:

  • Australian real estate agents are quitting. It's last-in, first-out as real estate agents exit the space. Properties for sale in capital cities are down 26% from their five-year average. 
  • The NSW First Home Buyers Assistance Scheme has expanded. "On or after 1 July 2023, eligible first home buyers will receive an exemption from transfer duty for purchases of new and existing homes up to $800,000 and a concessional rate of duty for homes up to $1,000,000."
  • Back to the city! Tree changers from covid are returning to the big smoke as employers require more people in the office. But will it stick? 


Australian Property Podcast resources:


INFORMATION WARNING!

This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.

Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.

Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

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Published on 1 year, 6 months ago





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