News

The Federal Government is cracking down on negatively geared landlords who claim travel expenses when they inspect their properties.

A change to GST in the Budget will mean homebuyers will soon have to send the Australian Taxation Office a cheque for GST on new dwellings.

Australia’s big banks have been hit with a bank levy in today’s Federal Budget that will raise $6.2 billion over four years.

Analysts from Citi have forecast house prices to fall by up to 7 per cent by 2018 amid lending crackdowns and lowering household debt.

The Victorian State Government released its Budget this week and as expected they have introduced a tax for properties left unoccupied for six months or more.