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Conveyancers slam ‘ridiculous’ tax changes in Budget

Conveyancers have slammed controversial tax changes announced in last week’s Federal Budget, saying the industry has already taken a hit as investors retreat from property. Treasurer Jim Chalmers’ fifth Budget has drawn criticism over changes to negative gearing and capital gains tax, moves Labor says are aimed at improving intergenerational equity. The government insists it is taking the correct approach to tax reform, despite polling that shows the measures have been poorly received by voters. In NSW, Australian Institute of Conveyancers NSW president Jennie Tonner said the tax cha

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IT is not every day a mining deal comes with houses, childcare centres and the town water supply thrown in. But in central Queensland, a big slice of country town Middlemount has been in

Changes ‘dropped into system that can’t deliver’

Changes to the capital gains tax discount and the removal of negative gearing for existing properties from July next year will decimate future rental supply and push rents even higher. T

State and local governments typically require new housing to include off-street parking – often much more than residents want, needlessly driving up the price of housing. This is the vie

Climate change risks billions in infrastructure

TENS of billions of dollars worth of roads, rail, hospitals, and energy assets in one state alone are at risk of damage or destruction from climate change-fuelled extreme weather. In wha