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Tax changes won’t deliver productivity or GDP boost

LABOR’S controversial tax changes will have no effect on economic growth or productivity, Treasury officials have conceded. As the government passed changes to negative gearing, the capital gains tax and trusts through the lower house on Thursday, departmental officials argued the package would boost home ownership and improve intergenerational equity. But the budget did not improve the outlook for GDP or productivity growth in either the near or medium term, the Treasury told a Senate estimates hearing. “It, in aggregate, did not have a significant impact (to GDP growth) in th

Housing slowdown sharper than Treasury forecast: CBA

‘We need to do more’ to help people buy houses

Global economic body weighs in on Australian rate rises

New figures show ‘uncertainty’ with investment decisions

Selling time increases but so does price of property

Do it all again: Conveyancers hit as banks reassess investor loans

‘Budget is cooked’: debt bites into spending

A GOVERNMENT will impose a partial freeze on public service recruitment as it intensifies its budget focus on reining in the state’s growing debt burden. But the South Austra

House shortage: Time to think inside the box

THE government’s plans to tackle the housing supply crisis with modular homes have further momentum after the premier revealed plans for a financing guarantee. Tasmanian Premier Je

RBA finds investors are older, wealthier

A NEW Reserve Bank research paper has determined Australia has a large number of housing investors and many of them are over the age of 60. The report has found that there is a large coh

Increased demand for townhouses in Victoria

The Victorian Government’s planning reforms are driving a townhouse boom across Victoria. Since the Townhouse Code was introduced in March last year, applications for homes have surged b