Just as consumer advocate group Choice showed Australian renters lack adequate security of tenure and face poor-quality amenities, data from the RBA shows renters are forced to move more often than home owners.
Is the government considering changes to capital gains tax for investors, or not?
Last night's report in The Australian Financial Review that the federal government is considering cutting the capital gains tax discount for investors was quashed this morning, when the prime minister said, "We do not support the Labor Party’s plans to increase capital gains tax."
Boiling weather spilled over into a hot auction market on the weekend
Auction clearance rates were well ahead of results for the same time last year, according to CoreLogic, indicating that despite volumes almost doubling from the previous week, buyer demand is still red hot.