Students in Melbourne’s outer east are a step closer to having the first-rate sports, science and arts facilities they deserve, thanks to the Victorian Government.
Contrary to Labor’s claims, its policies on negative gearing and capital gains tax will not increase the supply of new housing or create new jobs in the building industry according to new independent economic modelling commissioned by Master Builders Australia.
“The latest energy policy statement from the Commonwealth includes some sensible ideas that should attract broad support, as well as some serious gaps, and two elements that need great caution,” Australian Industry Group Chief Executive Innes Willox said.
“With house prices falling and building activity in decline this is not the appropriate time in the housing cycle to increase Capital Gains Tax,” stated HIA’s Principal Economist, Tim Reardon.
Since its doors opened 45 years ago, the Sydney Opera House has been an innovator. Its design is iconic, a pervading symbol of Australia all over the world, and its appeal is universal.
“This is great news for the hundreds of thousands of small businesses in the building industry. It will allow them to invest back in their business and expand the number of people they employ. Said HIA Acting Chief Executive of Industry Policy Tim Reardon.
“The value of lending to investors declined by more than 20 per cent over the last twelve months while lending to owner- occupiers was down by 7.7 per cent. Given such a large drop, we should expect the market to continue to cool,” said HIA…
Energy efficient LED street lighting is often seen to be a low hanging fruit of energy efficiency projects. The energy savings and emission reductions that can be generated by upgrading to LEDs are substantial, with paybacks and financial returns for projects being very attractive.
The Property Council of Australia has welcomed Shadow Treasurer Chris Bowen’s proposal for the creation of a new independent COAG Economic Reform Council to drive long-term reform priorities, and called for its first focus to be on housing affordability.
Business confidence in the WA property sector remains stable, increasing by 1 basis point in the past 12 months, whilst confidence shifts down across the rest of the country.