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Case for changes to CGT discounts is ‘overwhelming’

Taxpayers could be missing out on almost $200 billion in forgone revenue over the next decade, as a result of property investor tax breaks, analysis shows. Research published by the Parliamentary Budget Office on Friday, at the behest of the Greens, estimated the capital gains tax (CGT) discount and negative gearing deductions on investment properties would cost taxpayers more than $24 billion per year by 2035-36. The findings were latched onto by Greens treasury spokesman Nick McKim, who is leading a Senate inquiry into the CGT discount and is set to deliver a report by March 17. &#

More pain to come before any gain for home owners

Rising building costs causing more issues than interest rates

Conveyancers must use “reasonable efforts” in AML/CTF

‘I was not going to miss the event for anything’

Government scheme sees people borrowing more money

Code overhaul needed to fast track house delivery

Super changes get the Greens light

WEALTHY superannuants will pay more tax on balances over $3 million after the Greens rolled over on demands to beef up the contentious new laws. The government is expected to get the lon

Sticking points remain in battle to bust monopoly

E-conveyancing challenger Sympli is worried the long-awaited rollout of interoperability could face further delay, as a major announcement by the industry regulator looms. Australian Reg

IN a world first, the Australian Government’s financial intelligence unit AUSTRAC has released anti-money laundering program starter kits designed to help small business

High quality public transport, intercity connectivity and energy resilience have been highlighted as key drivers for the continued growth of Canberra. These elements were pinpointed in I