Townsville residential property Townsville's residential property market in December 2018 has not progressed much further than the market conditions at the beginning of the year. The market remains in recovery phase. What has been driving the optimism is mining and government investment in the North Queensland stadium and the Haughton River water pipeline
Tag: residential
Stamp duty tax grab; REIQ scathing of Queensland government and calls for 100% abolition
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
Property developers targeted for ‘phoenixing’ by federal government
Taxation legislation mitigating property developers burdens residential buyers Property developers acquiescing to proper and timely GST remittance has prompted the federal government to strengthen taxation compliance in order to secure revenues to the Australian Taxation Office (ATO), presenting a new Bill to the parliament that delivers on the government's 2017-2018 Budget
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
Police academy site arrest from government inaction in Townsville
Property Council police academy plan Townsville’s police academy site at Belgian Gardens fronting Rowes Bay in Townsville has been earmarked in a review of government-owned land by the Property Council of Queensland as a prime development asset to boost tourism and revitalise the CBD. The proposed 10,500 m2 mixed use residential and
Townsville property market showing signs of shallow recovery
Townsville Property Market Update The Townsville property market is showing signs of a recovery on the back of significant infrastructure and construction investment from government and private enterprise. Dancing from the bottom of the market to its current position that is showing signs of a recovery, which has occurred many times over
Victims in Aged and Retired Housing Being Smuggled in Legal Scandal
The Queensland government is being accused of smuggling aged and retired victims through disingenuous complaints handling, regulatory investigation and mediation processes that encourage unscrupulous operators to pay out thousands of dollars in hush money, in an effort to cover up serious failures in legislative integrity and government waste. The effectiveness of
Why investor-driven urban density is inevitably linked to disadvantage
The densification of Australian cities has been heralded as a boon for housing choice and diversity. The up-beat promotion of “the swing to urban living” by one of Australia’s leading developer lobby groups epitomises the rhetoric around this seismic shift in housing. This article is the third in a series based on new
Housing bill puts fox in Queensland’s chicken house
Exploiting ordinary Australians with onerous housing laws The Queensland State Government has introduced yet another bill into the Queensland Parliament raising the requirements for private rental owners and social housing operators to treat harm symptoms after an ABC Four Corners program reported retirement village operators are exploiting vulnerable residents with unfair
Idalia – Top Price Property Of The Week – 8 Waterbury Terrace – $725,000
This week’s winner – 8 Waterbury Terrace Idalia In Idalia, falling in love with the house of your dreams on a waterfront lot with designer opulence fused with beautiful indoor and outdoor characteristic causes the heart to beat above the normal resting rate. This excitement is especially so for the buyers of