Wan Jiawang knows well about the misunderstanding of buying a house and holding Australian real estate

Foreword Australian real estate has consistently ranked first in overseas real estate investment with its advantages of stability and transparency. However, due to the very big difference between Australian socio-economic and China, many Chinese buyers are prone to some misunderstandings when investing in Australian real estate. In addition, for those who already own Australian real…

What is the Melbourne property tax rate

As we all know, the property tax in Australia is different in each province. Among them, Victoria, where Melbourne is located, is the most expensive 5%; if foreigners buy again, they need to increase the stamp duty by 4%. When buying a house in Melbourne, foreign buyers need to pay a lot of taxes, including…

中日韩被纳入澳洲边境开放日程

China, Japan and South Korea are included in the Australian border opening schedule New Zealand Prime Minister Jacinda Ardern joined the Australian National Cabinet on Tuesday to discuss the “safe travel bubble plan” so that citizens can travel between the two countries. Australia intends to expand this “bubble plan” to parts of Asia. According to…

Regarding Melbourne’s plan for 2050, Wan Jia wants to say

Foreword Melbourne (Melbourne), Australia’s second largest city and the capital of Victoria, is a famous tourist city.As of 2017, it has been rated as the world’s most livable city for 7 consecutive years. Melbourne is also known as the “Australian Cultural Capital”. The internationally renowned fashion capital, its fashion culture such as clothing, art, music,…

On the negative tax deduction implemented in Australia

​Foreword “Negative gearing” is often said to be a powerful tool to help you accumulate wealth, which can save you thousands of dollars in taxes. In real estate investment, it is also one of the frequently misunderstood concepts. The so-called “gearing” means nothing but borrowing. When you borrow money to invest, no matter whether the…

Australia intends to loosen its business and push tax reform

ACB News “Australia Finance Online” May 6th As the new cases of the epidemic are under control and companies are returning to work, the focus of the Australian government will shift to assisting companies to increase business confidence and optimize market competitiveness. The Federal Finance Minister said that deregulation and tax reform will help boost…

Wan Jia wants to say about buying a house for foreign students

Foreword For foreign students who have no income, can they buy a house with an Australian loan? I heard that Australian loans require detailed income certificates. Do international students need to provide income certificates? Do Australian mortgages require collateral? Can assets in China be used as collateral for Australian loans? It seems that most of…