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Why rents will rise under Labor’s negative gearing proposal

In the current housing tax debate a number of studies have come out arguing that while prices will fall (by varying amounts) rents will not be affected. That rents will be unaffected is surprising and (in my view) wrong. Outside of the heat of an election, the Henry Tax Review’s comprehensive review of the tax...
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Granny flat growth in Australia is booming

  Granny flat growth in Australia is booming A SURGE in granny flat construction in Australia is helping more than just grandparents. Homeowners with backyards are using granny flats to keep adult kids at home, build man-caves and “she-sheds’ and to generate income by renting it to travellers. Research by Gateway Credit Union has found...
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The NBN: why it’s slow, expensive and obsolete

The Abbott Coalition government came to power two years ago this week with a promise to change Labor’s fibre to the premises (FTTP) National Broadband Network (NBN) to one using less-expensive fibre-to-the-node (FTTN) technologies, spruiking its network with the three-word slogan: “Fast. Affordable. Sooner....
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How to: Save for a deposit when you’re self-employed

Running your own business isn’t easy. Fluctuating cash flow can affect even the best savings plan. Unexpected business expenses may throw your budget into a tailspin. A workplace accident could wipe out your savings in a flash. Brigid Holder should know. She was running two businesses – vegetation maintenance service Weedmasters, and a health and lifestyle coaching consultancy...
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First-home buyers are getting a helping hand

First-home buyers are getting a helping hand Despite increasing house prices across Australia making it seemingly impossible for entry-level buyers to get into the property market, the number of first-home buyers continues to rise across the country. But they’re not doing it alone; many first-home buyers are getting a helping hand from mum and dad....
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real estate are raising

What income do first home buyers need to buy in Melbourne?

Home ownership is becoming a distant dream for a growing number of young buyers as price growth increasingly outstrips savings. Over the past year, first-home buyers looking to purchase a property in Melbourne have had to put aside an extra $100 to $200 a week for a deposit as house prices have jumped by about...
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