THE LAND REPORT: October 2018 Edition

WAToday The Urban Development Institute of WA has called for the foreign buyers scheme to be scrapped and for the state government to make the off-the-plan duty rebate scheme permanent and extend it to apartment projects under construction. The scheme currently provides a 100 per cent rebate for residential apartments in multi-storey developments valued below […]

HAMES SHARLEY, A LEADING INTERNATIONAL DESIGN PRACTICE, RECENTLY SURVEYED DEVELOPERS IN NSW ABOUT WHAT THEY WANT FROM AN APPROVALS SYSTEM. NOT SURPRISINGLY THEIR COMMENTS RESONATED WITH THE EXPERIENCE IN WESTERN AUSTRALIA. The seven priorities are: 1. More community involvement in broad planning policy, and less ability to object to projects, provided they comply with the […]

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 […]