Households to get energy bill relief, rent help goes up
Federal Treasurer Jim Chalmers delivers his third Budget to Parliament in Canberra on Tuesday. By Dominic Giannini and Andrew Brown Every household will receive an energy rebate and there will be an increase in commonwealth rent assistance in the federal budget as the treasurer promises to help struggling Australians without making inflation worse. Jim Chalmers had […]
<strong>Budget 2024: Conveyancers welcome home building package, but is it enough?</strong>
AIC Victoria president Shakila Maclean questions the Budget’s support for home owners. By Sam McKeith, Australian Conveyancer Magazine. Key players in the Australian conveyancing sector have cautiously welcomed the federal government’s 2024/25 budget, backing extra investment in housing while flagging a lack of new support for homebuyers trying to get into the property market. Tuesday’s […]
‘No frills’, ‘stable’ budget draws mixed response
By William Ton Stakeholders have described the 2024 Victorian state budget as a subdued and stable spending plan compared to previous years. REACTION TO THE VICTORIAN BUDGET “This is much more of a responsible spend and they’re recognising that it’s time to live within the means so in all, a no frills budget for business” […]
Budget billions to flow for neglected Sydney roads
By Sam McKeith The federal government has pledged $1.9 billion for road works in Sydney’s west after fears the area would lose out due to a infrastructure spending shake-up. Almost $2 billion will be spent on roads in Sydney’s west after some projects in the fast-growing area were put at risk in a federal infrastructure […]
<strong>Anti-money laundering gets budget boost</strong>
Australia is at risk of becoming a money laundering haven, the attorney general says, with the federal government to allocate $170 million of budget funding for regulators to stamp out the practice. Lawyers, accountants, trust service providers, precious stone dealers and real estate agents may soon need to do due diligence on customers and report suspicious matters to […]
Inflation Warnings Ahead: Impact on the Federal Budget
By Poppy Johnston The Reserve Bank has warned the path to bring inflation down will be bumpy, complicating the economic backdrop for the upcoming federal budget. Inflation has not been beaten, as the Reserve Bank has reminded Australians, and the federal treasurer will be under pressure to help not hinder the central bank as he […]
How Thompson Geer Lawyers streamlined settlement administration
In the world of corporate law, efficiency, accuracy, streamlined operations and cost-effectiveness are paramount. For Thompson Geer Lawyers, one of Australia’s leading independent corporate law firms, these principles form the foundation of their operations. Specialising in the commercial and legal interests of companies, governments, and institutions, Thompson Geer boasts a diverse range of legal services. […]
Tech, real estate sectors lead Australian shares higher
By Derek Rose The ASX200 has finished up 0.8 per cent, with every sector rising on the back of a tech-led rally on Wall Street. The Australian share market has finished higher, with tech and real estate climbing the most after a tech-led rally in the United States. The benchmark S&P/ASX200 index on Monday rose […]
Slow progress on inflation tempers interest rate hopes
By Poppy Johnston Australia’s annual inflation rate has sunk to a two-year low but is slightly above expectations, which might lengthen the wait time for rate cuts. Australians suffering from the prolonged cost of living crisis paid more for essential expenses such as rents, education fees, insurance and medical bills as data shows stubborn inflationary […]
Renters could save $5400 if there was a cap, Greens say
By Savannah Meacham Queensland renters could have saved $5400 in the past two years if the government had established a cap amid soaring prices and low vacancies. Queenslanders could have saved nearly $5400 over two years if a rental freeze had been introduced to prevent the impact of surging price rises, the Greens say. Rents […]
