Stirling Times IN positive sign for the WA new home market, sales increased in the three months to July, according to the HIA. Chief economist Tim Reardon said new home sales in the state rose 9.5 per cent over the reporting period. This follows UDIA WA figures showing new land sales increased 16.5 per cent […]
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IT WAS AMERICAN, BENJAMIN FRANKLIN, WHOSE SAGE ADVICE TO YOUNG TRADESMEN WAS “REMEMBER THAT TIME IS MONEY” – AND IT HOLDS AS TRUE FOR THE ENTIRE PROPERTY DEVELOPMENT INDUSTRY ALMOST 300 YEARS LATER. Property development is a lot more complicated in the 21st century, and regulation can be a bit like an old house – […]
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NEGATIVE GEARING HAS AGAIN LEAPT INTO THE PUBLIC DEBATE AND ECHOES MUCH OF THE DISCUSSION IN THE MID-1980S WHEN THE ABOLITION OF THE TAX DEDUCTION WAS CONSIDERED BY THE HAWKE GOVERNMENT, ONLY MONTHS AFTER IT WAS INTRODUCED. The Income Tax Assessment Act 1936 was varied in 1985 to quarantine all property losses from deduction against […]
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