The RBA interest rate increase and its subsequent impact on Australia's housing market.

Ellena Wong

The Reserve Bank of Australia (RBA) raised the cash rate by 25 basis points to 3.85% on 3 February, marking the first increase in two years. Although labelled a "shock hike", it was anticipated by 70% of financial markets. The RBA cited stronger-than-expected private demand and rising housing activity as key factors. Banks are expected to pass on the rate hike to mortgage holders soon.

Understanding Land Tax in NSW: What Property Owners Need to Know

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Heidi Htut

If you own property in New South Wales—or are considering investing—you may have heard of land tax but aren’t quite sure how it works or whether it applies to you.

Land tax is a NSW State Government tax calculated annually on the unimproved value of land (excluding buildings). The good news? Your principal place of residence is generally exempt. Land tax usually applies only once your investment land value exceeds a certain threshold.

Understanding how land tax works is essential, particularly for investors, developers, or anyone building a property portfolio. Let’s break it down.