AAP
Treasurer moves to fix ‘widow’s tax’ after backlash
6 August
The government is moving to fix its so-called “widow’s tax” following criticism its tax reforms denied Australians who inherited an investment property from their partner access to negative gearing concessions. The fix is part of a raft of the...[Read More]
Housing affordability rises as price downturn continues
6 August
Three decades of home prices outpacing incomes could be over as Australia’s housing market downturn widens. The market recorded the largest single-month decline in home values in almost four years in July, data released by property analysis firm...[Read More]
Labor backs super boost for youngest Aussie workers
30 July
Labor has backed superannuation payments for Australia’s youngest workers, regardless of the number of hours they work. The party says it will “ensure that all workers, including those under 18 and regardless of how they are engaged, can...[Read More]
Red tape strangling efforts to tackle housing crisis
30 July
Allowing three-storey townhouses to be built on most residential land is one of the key recommendations of a major report outlining what Australia needs to do to fix its housing crisis. Governments have gotten in the way of new housing supply by...[Read More]
Young investors bet the house on dialling up their risk
23 July
Lofty stock valuations and the biggest investment tax shake-up in decades don’t appear to be impacting the risk appetite of young Australians, according to investing platforms. This cohort is increasingly turning to investing to save for their...[Read More]
Investors returning after budget blow to housing breaks
23 July
Property investors are regaining a foothold in the housing market after tax changes in the federal budget boosted owner-occupiers. The share of homes bought by investors climbed to 23.2 per cent over the four weeks ending July 18 after sinking to...[Read More]
How first-time homebuyers can save $8,500 in taxes
16 July
First-time homebuyers are missing out on thousands of dollars by not using a little-known scheme that helps save them money for the deposit. The First Home Super Saver Scheme lets them take advantage of their superannuation account’s favourable...[Read More]
Tax push renders budget surplus forecasts ‘unrealistic’
16 July
More tax cuts for workers would keep the budget in deficit beyond the next decade, the agency that assesses the nation’s finances warns. The outlook for the federal budget has improved over the past year, despite economic headwinds from the Middle...[Read More]
Zoning scorecard reveals most housing-friendly city
16 July
Millions of new homes could be built in Australia’s capital cities if “restrictive” zoning laws are loosened, a landmark planning analysis claims. An online atlas of nationwide zoning laws has been compiled by YIMBY Melbourne, an organisation...[Read More]