Labor will introduce its changes to negative gearing and capital gains tax by January 1 next year if it wins the upcoming election in May – but the announcement has sparked backlash from property industry groups.
Surgeons and anesthetists are the country’s richest professions, while the most exclusive places to live lie mostly around Sydney’s northern beaches, the ATO’s latest statistics show.
Australia’s median land lot size shrank to from 422 to 420 square metres in 2018, but that didn’t stop the median lot price from rising around the country.
After a tumultuous 12 months of royal commission hearings, new data shows just how many customers are fleeing the big banks to smaller, customer-owned ones.