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Taxing empty homes: a step towards affordable housing, but much more can be done

Housing affordability strategy proposed housing tax by University Director and development sustainability

Vacant housing rates are rising in our major cities. Across Australia on census night, 11.2% of housing was recorded as unoccupied – a total of 1,089,165 dwellings. With housing affordability stress also intensifying, the moment for a push on empty property taxes looks to have arrived. The 2016 Census showed empty property numbers up by 19% in Melbourne

North Ward – Top Price Property Winner Of The Week – 3/21 Cleveland Terrace – $917,500

2-21 Cleveland Terrace North Ward Top Price Winner

This week’s winner 3/21 Cleveland Terrance North Ward This week’s residential property Top Price Winner of the Week features gorgeous panoramic views of Townsville’s iconic coastline, islands, marina and The Strand. Unlike TREN’s usual top price property winners, this property is a 3 bedroom villa in a unit complex comprising a total of three

Reserve Bank June 2017 Rate Announcement.

Australia Reserve Bank Boardroom

The decision The Reserve Bank of Australia (RBA) Board today announced their cash rate decision. North Queensland and Townsville home owners and buyers receive no interest rate relief. In a move that was widely predicted, the RBA has retained the current official cash rate at 1.50%. The RBA is expecting economic growth to