Market Tid Bits June 2007 RETURN
June 30 brings to a close the 2007 Financial year and we’ll see our investors busily compiling data supporting their taxation deductions and maximise the refunds available. Items will include interest paid, rates & charges, agents & professional fees, advertising, accounting, maintenance, travel, motor costs, protective clothing & depreciation. Be on the ball.;
June 30 is also a very important date for the superannuation industry. Contributions this year have distinct advantages in some circumstances. This has lead to many property sales or purchases as people organise their affairs. This has created some of the higher turnover we have had this year;
We advised some years ago about the importance of cost retention in the exploding internet market. Our industry has again moved to ensure a competitive marketing environment. The REIV has acquired a controlling stake in realestateview.com.au. This will keep the Murdoch, Fairfax & Packer organisations on notice re charges. It also helps co-ordinate the historical data so vital to our industry. Past sales and satellite mapping are invaluable in forecasting, valuations and property development.;
Technology is fast transforming the way property is promoted. Internet, full colour emailing, digital video and photography, SMS texting, interactive window display monitors, web adapted mobile phones, Bluetooth and blackberry are all competing for a slice of the action. All have upside potential and whilst the investment will be huge, some will not go the distance and be superceded. The industry will continue grapple with new options; and
The REIV is still on the lobby trail. State Treasurer Mr. Brumby recently attended our Institutes board luncheon and Federal Treasurer Mr. Costello will address a members luncheon in late June. It is most important we have lines of communication open to the people who constantly make decisions that so largely effect our industry. The recent reduction in state property taxes was largely due to the persistent campaigning of our President Enzo Raimondo.
June 30 brings to a close the 2007 Financial year and we’ll see our investors busily compiling data supporting their taxation deductions and maximise the refunds available. Items will include interest paid, rates & charges, agents & professional fees, advertising, accounting, maintenance, travel, motor costs, protective clothing & depreciation. Be on the ball.;
June 30 is also a very important date for the superannuation industry. Contributions this year have distinct advantages in some circumstances. This has lead to many property sales or purchases as people organise their affairs. This has created some of the higher turnover we have had this year;
We advised some years ago about the importance of cost retention in the exploding internet market. Our industry has again moved to ensure a competitive marketing environment. The REIV has acquired a controlling stake in realestateview.com.au. This will keep the Murdoch, Fairfax & Packer organisations on notice re charges. It also helps co-ordinate the historical data so vital to our industry. Past sales and satellite mapping are invaluable in forecasting, valuations and property development.;
Technology is fast transforming the way property is promoted. Internet, full colour emailing, digital video and photography, SMS texting, interactive window display monitors, web adapted mobile phones, Bluetooth and blackberry are all competing for a slice of the action. All have upside potential and whilst the investment will be huge, some will not go the distance and be superceded. The industry will continue grapple with new options; and
The REIV is still on the lobby trail. State Treasurer Mr. Brumby recently attended our Institutes board luncheon and Federal Treasurer Mr. Costello will address a members luncheon in late June. It is most important we have lines of communication open to the people who constantly make decisions that so largely effect our industry. The recent reduction in state property taxes was largely due to the persistent campaigning of our President Enzo Raimondo.