The latest tax changes will hurt people,including some of the people they’re meant to help. But they’re the right move to make.
Long-awaited action on taxes producing perverse outcomes is to be welcomed but there is still much to be done to boost the economy and repair the budget.
Changes to negative gearing and capital gains tax will be announced in the budget tonight. The government says 75,000 young people will benefit with a new home.
The five-bedroom house features four bedrooms in the main home and a self-contained apartment on a separate level.
The couple were up against a big organisation for one of Mount Crosby’s last privately held parcels within a council-controlled pocket.
The three-bedroom house with off-street parking and heritage features was offered for the first time in nearly 50 years but passed in on a vendor bid of $1.5 million.
A new Australian dark comedy film explores the generational tension between Baby Boomers and Millennials over homeownership.
A couple bought a mixed-use home with space for a small business,but a rival’s large bid meant they nearly missed out.
Lower interest rates during much of the 2010s – and years of under-building – combined to drive the shift.
Years of ideal lending conditions and wages failing to keep up with house price growth have brought seismic change to the market.