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Loss of CGT Main Residence Exemption for Foreign Residents

Michael Ferella, Director of Momenta Advisors, provides an overview of the loss of Capital Gains Tax Main Residence Exemption for Foreign Residents.  What are the changes? There are special capital gains tax (CGT) rules you need to know if you’re a foreign resident for tax purposes. The government had previously announced a measure to remove […]

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COVID-19 market conditions & 7 mistakes that will cost you in a buyers market

It appears that the market is coming to a halt with agents reporting new listings are dwindling due to vendors who don’t need to sell staying put.  That could mean there will be a Mexican standoff or maybe things will swing momentarily in the favour of financed buyers. Beware though, for there are 7 mistakes […]

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How will the Coronavirus affect property prices in Sydney?

People in the process of buying or selling property at the moment are understandably worried about what affect the Coronavirus pandemic will have on property prices in Sydney and across the country, particularly in light of the impact it is expected to have on the economy as a whole. Of course, these circumstances are unprecedented, […]

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