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Death or divorce: owners could miss out on tax breaks

THERE are fears people may lose out on grandfathered property tax concessions if their partner dies or they go through a divorce unless changes are made to planned reforms. Labor hopes to pass a wind-back of negative gearing and the capital gains tax discount through parliament by Thursday in a deal with the Greens, including carve-outs for investment properties bought before the changes took effect. But the rushed legislation could lead to unintended consequences, independent senator David Pocock has warned. “I’m concerned that people will lose legitimate access to grand

Australian economy ‘drifting’ despite natural gifts

State budget’s housing initiatives torn down by critics

‘Crossroads’: Teal MPs form new political party

Homeowners told to ‘take a deep breath’ on tax reforms

Critics say NSW is lagging behind in housing supply

Not sugar hits’: cost-of-living package under fire

Qld: ‘tax, investment rules hold us back’

KEY infrastructure, housing and workforce initiatives may be welcomed but Queensland risks losing out on critical private investment as other states aim to score from strong global interest

THE housing market continues to cool with price growth softening and activity likely to slow further, according to a new National Australia Bank report. The report said there continues t

Jobs data next test to work out interest rates

JOBS figures could be crucial to determining the next interest rate move following a worrying inflation report for the Reserve Bank. Even though headline inflation fell in May, the secon

Major move to promote more build-to-rents

LEGISLATION passed in the Western Australian parliament this week will significantly boost the number of build-to-rent projects in the state. The parliament passed legislation to increas