Szabo & Associates News & Updates

House prices could fall by more than 40 per cent in the ‘worst crash since the 1890s depression’, a new report warns. Founder of LF Economics, Lindsay David, who has been warning of the looming property crash for half a decade, predicts a 15 to 20 per cent plummet in the upcoming year alone.

As Sydney’s residential real estate market continues to take a hit along with the rest of Australia, the city’s industrial sector has become an attractive alternative and remains the preferred destination for investment in Australia with a total of $12.5 billion in deals in 2018.

On the first day of 2019, the government launched the independent Aged Care Quality and Safety Commission, putting in motion the ‘one-stop’ safety website and single telephone number for aged care concerns which will allow individuals to engage with the Commission.

An amendment to rental laws which allows victims of domestic violence to break their lease immediately has been welcomed as ‘one less problem’ for those trying to escape violent homes.

Background

The Civil Law and Justice Legislation Amendment Act 2018, which received Royal Assent in October 2018, introduced a number of changes to the Family Law Act with regard to a wide range of matters. One of these amendments concerns property settlements for de facto and unmarried same-sex couples.