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Home investors blindly walking into new-build contract risk

INEXPERIENCED investors rushing to buy off-the-plan homes on the back of the Federal Budget tax changes are signing complex contracts they don’t understand and putting themselves at serious risk, a senior conveyancer claimed. There is mistaken belief that house-and-land package agreements are safer and simpler than buying existing homes, according to Lawlab managing director Ian Perkins. “Investors are walking blind into new build contracts because the whole sales environment is designed to feel safe,” Perkins said. “The brochures look glossy, the process feels guided, and buyers ass

No escaping accountability despite ‘deposit flicking’

Owning your own home may not be a pipedream

Voters drop major parties months out from state poll

‘Win-win’: quick fix to stamp out AI-fuelled loan fraud

Middle East fragility adds further risk to inflation rates

Workers ‘forced’ to accept AI systems or leave jobs

Steady as she goes for auction clearance rates

AUCTION clearance rates across the country dropped marginally last week but there was still a silver lining. The preliminary auction clearance rate declined to 50 per cent, down from 54.

Home supply boost with new qualification

A PLAN to give young workers more qualified skills is set to help accelerate the building of more houses in Victoria. The Victorian Government has launched the first accredited, long-for

Billionaire friendship could prompt backlash

PAULINE Hanson could face an eventual reckoning from colleagues as she draws criticism from political rivals for meeting with a far-right activist in Europe. Senator Hanson has been accu

HOUSING needs to be the main priority despite a government move to create data centres around Australia, according to a peak industry body, The Housing Industry Association has welcomed