Tag: taxes
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Australia’s Interest Rate Cuts: Too Little, Too Late?
February 2025 modest interest rate reduction is welcome. However, for many Australians it is too little too late. And that’s because this government has allowed inflation to stay too high for too long. The USA started cutting interest rates five months ago. New Zealand and the UK cut interest rates six months ago. Canada and Europe…
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LibNats to dump SRL in 2026
The Victorian Liberals and Nationals announced they will not complete the Suburban Rail Loop (SRL) if elected in 2026 so they can deliver important infrastructure projects right across the state. Since its announcement in 2018, the SRL has never been subjected to a proper business case assessment or scrutinised by infrastructure authorities and has been…
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Student Debt in Australia: The Hidden Crisis
Fun fact: I was 38 years young when I FINALLY paid off my student debt – 11 long years after graduation. As a holder of Advanced Diploma in Accounting I’ve entered second year of Bachelor of Business at RMIT – this resulted in a substantial cost saving compared to those who have completed a full…
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Labor’s 7.5% Holiday and Tourism Tax on Victorians
Victoria’s new “Airbnb tax” only benefits Airbnb, and once again unit owners lose out. Let’s not mince words here – the new tax does nothing to curb the popularity of Airbnb, nor does it do anything to improve the liveability of neighbours and owners’ corporations (OCs) that have a desperate problem with the noise and…
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Victorian property taxes plunge construction sector into crisis
This week a new industry survey showed confidence within the property industry has fallen to its lowest level since the depths of the Covid pandemic, with Labor’s budget continuing to be propped up by ever increasing property taxes. A listed fund I can not name had made a decision to divest and exit Victorian property…
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Australian stocks will crush housing over the next decade
Experts suggest housing is 40% overvalued, making it one of the world’s priciest assets. There’s lots of news about housing prices, clearance rates, ‘hot’ suburbs, interest rates, and where to get the best loan. There’s much less about property values, or valuation. I’m going to suggest that valuations do matter and they’re little mentioned because…
JANE AGIRTAN INDEPENDENT 