Search Results for: Tim Pallas
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INDUSTRY NEWS
Victorian Government considering rent caps
Victorian Treasurer Tim Pallas has let slip that the State Government is considering rent caps, just days after it hit investors with new taxes set to cost thousands of dollars a year.
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NEWS
The lesson for Australia out of Victoria’s property tax hikes: two out of three ain’t bad
Victorian treasurer Tim Pallas’s three-pronged strategy to raise an extra $2.7 billion in property taxes over the next four years is a case of two out of three ain’t bad, writes Brendan Coates.
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Elite Agent
Stamp duty is a terrible tax – its evils are well understood: Property Council
This week, State Treasurer Tim Pallas announced the Victorian Government would be slashing stamp duty. It's not the wholesale removal of the tax that New South Wales — for home sales under $1 million only — at a rate of 50 per cent for new build homes and 25 per…
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Elite Agent
Victorian Treasurer offers hope to real estate agents angered by restrictions
Victorian Treasurer Tim Pallas has suggested a level of flexibility in the much-maligned Victorian roadmap that may give relief to frustrated real estate agents.
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INDUSTRY NEWS
Victorian investors are selling up over costly land tax
Stockdale & Leggo agencies across Victoria have reported a large number of mum and dad investors selling up ahead of the state’s new land tax coming into effect next year.
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INDUSTRY NEWS
Victorian Budget sparks outrage: Industry bodies warns of investor exodus and soaring rents
The Real Estate Institute of Victoria has slammed the Victorian Budget as a blatant money grab that will see property investors flee the market and cripple tenants with higher rents.
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INDUSTRY NEWS
Victorian Government provides $1.1 billion boost to shared equity scheme
The Victorian Government has announced a $1.1 billion expansion to its shared equity home buying scheme.
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INDUSTRY NEWS
Victorian Government boosts build-to-rent scheme
The Victorian Government has announced the build-to-rent scheme has been expanded in a bid to encourage investors to build rental properties.
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INDUSTRY NEWS
Victorian Government launches $500 million fund to help residents buy a home
The Victorian Government has launched a $500 million shared equity fund to help Victorians buy their own home.
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NEWS
REIV labels stamp duty and land tax hikes the final straw
The Real Estate Institute of Victoria has slammed a series of property tax initiatives which have been unveiled in advance of the State Budget this Thursday.
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NEWS
Outdoor auctions now allowed in regional Victoria
Some good news has come at last for the Victorian real estate industry.
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NEWS
New home approvals hit a 15 month high based on strong growth in Victoria
Today’s Australian Bureau of Statistics data shows the total value of Victorian building approvals increased by 28.5 per cent to $4.6 billion in November 2017, and is up 67.2 per cent over the year, the highest level since August 2016. Victoria, Tasmania and WA are the three states showing the largest increases, with Victoria by far showing the strongest growth…
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FRANCHISE NEWS
Fortis appoints The Agency as lead agent on Pillar+Tide
Fortis has appointed The Agency as lead agent for Pillar+Tide, a boutique luxury development in Brighton, with project sales led by Michael Paproth. The appointment marks the first project between The Agency and Fortis in Brighton.
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