After 12 May: What the 2026 Federal Budget Means for Mornington Peninsula Property Owners
The Federal Budget delivered on 12 May 2026 has redrawn the tax treatment of residential investment property in Australia, and we are now four days into the new regime. For owners and buyers across the Mornington Peninsula, Mount Eliza through to Portsea, the practical questions have already started. Here’s where things stand. What changed at…Read More→
Vacant Residential Land Tax: The 2026 Changes Hitting Peninsula Landowners
If you own a vacant block, an unimproved parcel, or a holiday home that sits empty formore than six months of the year on the Mornington Peninsula, the Vacant ResidentialLand Tax (VRLT) landscape has shifted materially from 1 January 2026.The changes aren’t theoretical. They come with a five-year lookback, strict notificationdeadlines, and penalty provisions that…Read More→
Cash Rate at 4.10% — What It Means for Peninsula Buyers and Sellers
Two rate hikes in five weeks. The RBA lifted the cash rate to 4.10% in March 2026,following a February increase, the first back-to-back hikes since mid-2023. Thedecision was tight, five votes to four, and markets are pricing in roughly a 62% chanceof another hike in May.For anyone buying or selling on the Mornington Peninsula right…Read More→