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Economy
ACT to abolish stamp duty for first buyers
Treasurer says his budget is about ‘supporting younger generations of Canberrans to own their home’.
News
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Property
Honours ‘recognise the people behind the projects’
Deserved recognition for key property experts shows they ‘have made a lasting contribution to NSW’
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Economy
Reaching negative equity is a ‘very real possibility’
But some economists say concerns are ‘overplayed’ and any instances of negative equity ‘would be rare’.
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Economy
NSW stamp duty error ‘must be rectified’
Peak real estate body calls on government to be transparent about overcharge as it prepares for state budget.
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Economy
‘They want us to do better, they want things to change’
Politicians on all sides are listening to opinion polls and the voice of the people, promising a positive response.
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Economy
Economists predict better news for interest rates
NAB joins CBA and ANZ to revise their forecast and expect the Reserve Bank to keep interest rates on hold.
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Economy
Confidence readings punctuate lull in economic calendar
Consumer and business sentiment surveys are the highlight of an otherwise quiet week on the economic front in Australia, as global turmoil casts a shadow.
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Economy
Cooling house market offers hope to first-time buyers
Auction clearance rates have hit a five-year low, and the percentages are the lowest Australia has had in five years.
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Economy
Labor gets ‘message’ after historic poll for One Nation
Pauline Hanson’s party has for the first time in a poll’s history overtaken Labor in popularity, as Anthony Albanese’s approval rating hits a low among voters.
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Economy
Albanese insists ‘we’re going to deliver real change for the better’
Albanese defends his tax policies at economic summit, saying ‘if government stands still, the world will go past them’
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Economy
Confusion reigns over One Nation’s housing policy
Pauline Hanson forced to clarify party’s controversial stance on foreign ownership of homes.
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Economy
Senate must make changes to ‘wrong outcome’ for housing
Peak housing body says Senate Inquiry is ‘critical opportunity to correct flaws’ in Budget tax measures.
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Property
Higher interest rates blamed for approvals slide
But economists suggest Budget tax changes could help ‘support demand for new dwellings’ in the future.
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Economy
‘We’ll work with anyone to stop toxic taxes’
Unlikely alliance with Greens mooted for Coalition to block government’s tax changes in the Senate.
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Economy
Economic slowdown music to the ears of Reserve Bank
Current data shows economy will continue to grow, but only moderately, which will control rate of inflation.
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Economy
Premier’s bold plan ‘needs time to work’
Productivity Fund may not win votes but premier says it is “worth a crack” to invest in state’s future prosperity.
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Economy
Tax reform not hurried but ‘consultation’ will take place
Changes pass though the lower house in just two days but now the Senate will debate them this month.
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Economy
Tax changes won’t deliver productivity or GDP boost
Changes to negative gearing, capital gains tax and trusts have not raised Treasury’s assumption that productivity will grow at 1.2 per cent in the medium term.
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Economy
Global economic body weighs in on Australian rate rises
The OECD expects Australia’s economic growth rate to slow to 1.8 per cent in 2027, which might require the Reserve Bank to lower interest rates.
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Economy
House shortage: Time to think inside the box
A state premier has proposed new laws with the goal of making building and financing modular homes easier.
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Economy
‘Budget is cooked’: debt bites into spending
A state government is set to deliver a belt-tightening budget that cuts jobs and limits spending, as it focuses on reducing its ballooning debt burden.