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PostHeaderIcon How selling agents can influence you into paying more than you should...

Part of the role of a selling agent is to handle enquiries and manage buyers on behalf of the seller.

The problem is that sometimes buyers forget that selling agents aren’t on their side because they are being so helpful. This misplaced trust can lead the buyer into paying more than they should. Avoid it- read this blog - ow.ly/w6psV

 

PostHeaderIcon Interest rates remain on hold yet again

If you havent thought about buying in the past then now is the time with rates remaining at an all time low. Full story here

 

PostHeaderIcon New CPI December 2013

The new CPI ending this December quarter 2013 has risen by 0.3% making it 2.3%. There have been significant increase in domestic and international airfares and accomodation, fruits and vegetables, new home dwellings and tobacco. 

 

PostHeaderIcon Proposed changes to conveyancing in SA

The Registrar-General has set out specific proposals to align paper & electronic conveyancing requirements. It is the Registrar-General preference to have one set of Regulatory & Business requirements. You can get more info on how to get involved at www.sa.gov.au/landservices/CIB

 

PostHeaderIcon Changes to Revenue Ruling

PLEASE NOTE: Revenue Ruling SDA008 originally issued on 17 December 2013 has been reworded to more accurately reflect the Ruling's intent.

On 16 December 2013, Cabinet approved the drafting of retrospective amendments to Section 60A(1) of the Stamp Duties Act 1923 to confirm and reflect RevenueSA's long-standing interpretation of this section. That is, that the 'date of sale' is the date the property in question is conveyed or transferred.

For further information please see Revenue Ruling SDA008.

 
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