New homes sales take an upturn
New home sales recovered from lacklustre results over the first four months of 2019 in May, hitting their highest monthly level in over a year.
House approvals tank — ABS
House approvals in the country dropped by 0.5% in May, in trend terms, on the back of a decrease in private sector houses.
Tax mistakes investors often make
Property investors are prone to commit tax errors, such as over-claiming on interest, claiming capital works as repairs, and failure to keep the right records.
