Stamp Duty Tax needs abolition The Real Estate Institute of Queensland is scathing of the Queensland Government’s cash grab from the property sector from its stamp duty tax increases, saying an extra $273 million in revenues has been collected and it has reduced the affordability of housing across Queensland. Australian Bureau of
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Politics category
Townsville Port in political play with Treasurer Jackie Trad
Townsville Port involved in political hustle The political jostling over major infrastructure funding announcements between local, state and federal government could be adding to the tainted reputation of Queensland and corporate logistic interests on the back of the anti-Adani campaign by the Palzsuzcus government, and a rather bizarre press conference at
First home buyers get leg up from Turnbull Government
First home buyers super savings First Home buyers are set to receive a boost to their home saving options as the Turnbull government's plan for a First Homebuyer Super Saver Scheme (FHSSS) passed the parliament, and older Australian are allowed to contribute money from the sale of their family home into
Property industry in Queensland Labor state of taxation uncertainty
Property industry uncertainty The Property Council of Australia has warned the property industry that the industry faces unwelcome uncertainty in Queensland on the back of the Labor party’s win at the State election. The peak industry body for the property sectors fears two big new taxes on land acquisitions and foreign investment
Townsville investment future threatened by leadership snub of federal cities performance scorecard
Townsville investment future at risk Townsville City’s future economic growth and social wellbeing performance dashboard were launched this week by the Prime Minister’s department responsible for Smart Cities, bringing more transparency and accountability to Townsville investment future. The National Cities Performance Framework (NCPF) final report explains the critical scorecard of inputs, outputs
The Queensland government is paying more for its debt than the average mortgage holder
The Queensland government is paying a higher interest rate than most Queenslanders are on their mortgages. To make matters worse, debt is becoming problematic in rural areas with incomes and asset values down, and debts, unemployment and underemployment up. Without improved state government debt arrangements, and policies to alleviate stressed industries
Townsville water security project springs a leak between Mayor and industry leaders – Exclusive.
Mayor and A/CEO in hot water of Townsville water security project The $225 million Townsville water security project principally managed by the Infrastructure and Planning department of the Townsville City Council (TCC) has been delayed even before the project gets started. The Mayor Cr Jenny Hill speaking at the Townsville Water Security
Battery gigafactory crippled by State government distrust of Turnbull City Deal
Battery Gigafactory Feasibility The proposed $2 billion battery gigafactory development on Townsville’s western fringe at Woodstock may not go ahead unless a feasibility study costing $3.1 million is funded by the State government. Labor’s caretaker Premier, Annastacia Palaszczuk had made an election pledge that if re-elected at the November 25 state election,
Undecided Queensland voters disillusioned with Palaszczuk, suspicious of Nicholls
Queensland Election 2017 Queensland “soft” voters are deeply disillusioned with both the Palaszczuk government and the Nicholls opposition, with many predicting a hung parliament from the November 25 state election, according to focus group research. These voters are dismayed by the quality of Queensland’s political leadership, and struggling to find reasons to
Townsville Councillors railroaded by Labor Power Brokers on Adani airstrip
Councillors serve Premier's campaign strings The Chief Executive Officer. Ms. Adele Young of the Townsville City Council is coming under increased pressure to resign in the wake of the local council’s vote of seven to one in favour of approving the $18.5 million airstrip inducement deal with Adani Enterprises. Ms. Young is