Last week the Australian Tax Office (ATO) released the taxations statistics for the 2010/11 financial year. The statistics showed that over the year there were 1,811,174 individuals that owned a rental property. This was out of 9,416,002 individuals that have a taxable income and 12,637,623 individuals that lodged a tax return. The data indicates that [...]
About Cameron Kusher
Cameron Kusher is RP Data’s senior research analyst, specialising in primary and secondary data analysis, property market commentary and consultancy. Cameron has a thorough understanding of the fundamentals such as demographics, trends, economics and spacial analysis and is a regular keynote speaker for property-related groups, regulated industry bodies, corporations and the government sectors.Author Archive | Cameron Kusher
Low inflation keeps door open for RBA on interest rates
The Australian Bureau of Statistics (ABS) released the Consumer Price Index figures for the first quarter of 2013 earlier this week. The figures, which measure inflation, showed an increase of 0.4% over the quarter following a 0.2% rise over the December 2012 quarter. Based on data over the past six months, annual inflation is currently [...]
Outstanding mortgage debt to Australian banks, building societies and credit unions is growing at record low levels
Every month the Australian Prudential Regulation Authority (APRA) publishes monthly banking statistics which include amongst other things the total value of outstanding loans on the books of Australian banks for owner occupied housing and investment housing. This information is published individually for every bank operating in Australia. As at February 2013, domestic banks had a [...]
New South Welshmen leaving the state in droves, heading to Queensland and Western Australia
Population growth is an important determinant of housing demand – to put it simply, more people generally equates to a larger requirement for new homes. This week’s RP Data Property Pulse focusses on the broad national population growth figures which were released by the Australian Bureau of Statistics last week. Our blog this week looks [...]
Where is the investment in our airports?
As someone who travels interstate regularly, one of my major frustrations (as I am sure it is with most passengers) is with airport delays. Whether it is planes delayed in their take-off or coming home to Brisbane and having to circle over the Gold Coast for 30 minutes before we have clearance to land, it [...]
Fewer homes selling at a loss across Australia
After showing a consistent upwards trend, the proportion of homes selling at a loss across the country has eased over the final quarter of 2012. Based on all dwelling sales over the December quarter 2012, 12.5% of all properties sold for less than their initial purchase price compared to 32.1% of homes selling for more [...]
Record gap between median house and unit prices…but it doesn’t necessarily mean demand for units is increasing
With the release of the RP Data-Rismark Home Value Index results earlier this month, we also received the updated information on median selling prices of homes over the three months to January 2013. This data revealed that the gap between selling prices of houses and units reached a record high over the first month of [...]
Negative gearing and its impact on the housing market
In its most simplistic form, negative gearing for investment housing allows investors to deduct their losses against their personal taxable income. These losses may occur when the investor incurs costs such as interest on a home loan as well as maintenance and other small expenses on an investment property. However, it is important to note [...]
Housing market recovery remains precariously balanced
The July 2012 results of the RP Data-Rismark Home Value Index were released earlier this week and the results showed capital city home values rose by 0.6% over the month and by 0.2% over the three months to July. The growth in capital city home values over the month followed a 1.0% increase in home [...]
302,565 reasons why demand for housing is rising
Quarterly population growth data was released earlier this week by the Australian Bureau of Statistics (ABS) for the December 2011 quarter. The data highlighted that over the 2011 calendar year, Australia’s residential population increased by 302,565 equating to a growth rate of 1.36%.In both raw number and percentage terms the annual population increase was the [...]
- Dispelling the myths about our new Index methodology
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Negative gearing and its impact on the housing market
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There were 1,213,595 individuals with a negatively geared property over the 2010/11 financial year
