The Sunday Times In what was the first rate change since August 2016, the cash rate fell from 1.5 per cent to 1.25 per cent. REIWA president Damian Collins said the cut could assist in reducing financial pressures for those who were trying to enter the property market and also current homeowners. “By banks passing […]
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COMMUNITY NEWS While parts of Australia are reeling from Saturday’s election result, the property industry has welcomed the outcome. Reiwa president Damian Collins said the Coalition’s victory meant there would be no change to national property taxes, like negative gearing and capital gains tax, which was a big win for the Australian housing market and […]
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Business News ABN Group head Dale Alcock has slammed the federal government’s IR reforms, calling the changes “a load of s**t” while predicting the construction industry’s woes will remain. Federal Industrial Relations Minister Tony Burke’s second tranche of the Closing Loopholes legislation today passed the Senate, which will allow millions of employees to ignore work communications after hours and giving casual […]
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