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This week the big story in property is confidence – both property buyers’ and sellers confidence has jumped sharply following the latest interest rate cut. It is palpable on the ground; our buyer’s agents at Metropole are seeing it, and it was evident at auctions over the weekend again. The Westpac-Melbourne Institute Consumer Sentiment Index…

In what’s being described as an explosive move, the Australian Council of Trade Unions (ACTU) has come out swinging against property tax concessions, backing reforms that could fundamentally change the way investors approach real estate in this country. They propose to limit negative gearing and capital gains tax (CGT) discounts to just one investment property…

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