Property professionals group says the proposed Budget measures will hit rentvesters hard.
Over $11 billion in windfall gains not going into government coffers, money which could reduce stamp duty.
Skilled migrants have much to offer Australia, including as a potential 'solution to the housing crisis'.
Australia’s conveyancing industry has hit out at last week’s Budget, taking aim at changes to negative gearing and capital gains tax.
Government says most small businesses will be unaffected by CGT changes but opposition wants more protections.
A $5.8 billion mega-coal mining deal has all but put a town up for sale, handing the new owner the mines, hundreds of homes and crucial community services.
Australia could face a recession if businesses fail to keep their inflation expectations anchored, the central bank has warned.
Federal ministers have flagged the government is open to providing rollover support to small businesses and start-ups, amid looming changes to taxes on trusts.
Investors looking for clues on the next rates move will pick apart minutes from the Reserve Bank's May meeting and a speech by the RBA's chief economist.
The treasurer and prime minister are doing a sales job on government attempts to boost housing supply as property investors chew budget changes to tax breaks.
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