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Economy

Coalition urged to do more on housing

The government has committed $1.7 billion to support affordable housing in the states but is being urged to do more to improve homelessness and provide more housing options for those in ...

Coalition urged to do more on housing
Small businesses welcome instant asset write-off

Following the release of the budget 2019-20, the small business community has welcomed the government’s move to increase the instant asset write-off and expand it to medium-sized businesses

Small businesses welcome instant asset write-off
Government unveils budget for 2019-20

The federal government has handed down its 2019-20 budget, which includes a range of new programs and policies.

Parliament
Pre-budget rate hike stuns analysts

The central bank has lifted the official cash rate for the first time in over eight years, surprising analysts ahead of the release of the federal budget.

mortgagebusiness
Cash rate drops ahead of federal budget

The central bank has dropped the official cash rate for the first time in over two years, surprising most market analysts with the timing of its decision.  

RBA
Cash rate announced ahead of federal budget

The RBA has revealed its cash rate decision for April ahead of the release of the federal budget this evening.

RBA
Deeper price falls expected before year’s end

An additional decline in home values of up to 8 per cent is expected before 2019 draws to a close, with units in Sydney and Melbourne bearing the brunt of the fall, according to new research

Suburbs
Housing market plagued by ‘uncertainties’ as downturn continues

The fall in residential property values is “losing steam” but could be reinvigorated by changes in the political and economic landscape, according to CoreLogic.

mortgagebusiness
Labor announcement to spark ‘mini surge’ in housing market

The federal Labor opposition has revealed the commencement date for its changes to negative gearing and the capital gains tax, with some expecting investor activity to “surge” in lieu of the ...

Chris Bowen
ALP to revamp build-to-rent scheme

The Australian Labor Party has announced its plans to back a build-to-rent scheme, designed to stimulate the housing market by providing institutional investors with “better tax concessions”

House construction
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