Economist says prices for cheaper houses are falling faster and 'the main driver of this is the Budget's changes to negative gearing and capital gains tax and the subsequent withdrawal of investors'.
Economy
Opposition leader says 'it is absolutely critical at this time to control spending, ensure the economy grows faster than spending, in order to bring down inflation and interest rates'.
Economy
The Greens are set to kick Labor’s proposed 30 per cent minimum trust tax to an inquiry, giving businesses more chance to protest the proposed changes.
Property
Advocacy body says new legislation ‘means investment will go elsewhere and desperately needed homes will not be built’.
Property
Peak body says ‘capturing retirement villages in these reforms would have been an unforgivable own goal’.
Economy
The government has defended its position on changes to card surcharge payments, but the coalition says it’s clear its counterparts don’t understand business.
Property
As Australia falls further behind its housing supply targets, political parties continue to disagree over how to solve the nation’s housing crisis.
Property
Slow opening to sales but data firm says ‘auction activity is set to ramp up over the coming weeks’.
Economy
Treasurer says ‘tax reform package includes measures that lower taxes on business to support investment and growth’.
Property
Political parties offer differing policy initiatives ahead of the Victorian state election in November.
Economy
Treasurer says Australians should look at the long game and that ‘there is more than one thing playing out in the housing market’.
Economy
New data shows a softer market and ‘when confidence falls, fewer projects stack up and fewer homes get built’.
Property
Top housing body says new ‘tax settings and restrictions have interrupted an expansion in home building that was expected in 2026’.
Economy
Chief economist says ‘the recent pace of decline allows us to test how long the downturn would need to last to produce a significant fall’.
Property
Anglicare boss highlights ‘system that says a young person needs less money to live on simply because of their age’.
Economy
Late-stage changes to the so-called widow’s tax will become law following a deal struck between Labor and the coalition.
Property
Property boss says ‘many investors are indicating they will redirect capital into shares or superannuation’.
Property
Australia’s conveyancing industry has hit out at last week’s Budget, taking aim at changes to negative gearing and capital gains tax.
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