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Property Investment News | Australia

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$12k blunders: WA builder’s insurance, progress payment errors prove costly  

A Perth builder has been fined $12,000 for two home building contract offences, including failing to take out a mandatory insurance policy to protect property owners.


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Melbourne’s commercial market set to boom as residential sector bounces back

As Melbourne’s residential market regains momentum, investors have also been eyeing the city’s commercial sector for long-term growth and stronger returns.


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CGT changes likely to cause investors to flee, not lift supply

Capital gains tax discounts continue to make headlines ahead of the May budget as a potential housing lever, but industry leaders warned major changes could drive investors away and increase rental pressure.


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The first home buyer scheme is a risk Australia can no longer ignore

Last week’s intervention from the International Monetary Fund should have ended any debate about the federal government’s 5 per cent deposit scheme. This is not a benign housing policy; it is a demand shock applied to a supply-constrained market, and it risks doing real harm to the very group of people it purports to help.


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FHBs hit with further obstacles to home ownership as prices rise 70% in 5 years

Property ownership has become increasingly out of reach for first home buyers, with data showing entry-level dwelling values have risen by nearly 70 per cent over the past five years.


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