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BIZARRE: 3 | Mind Blowing Facts

AAP Rolling News Bulletin May 28, 1800

AAP Rolling News Bulletin for May 28 at 1800

AAP

FED:'Huge mistake': how Howard spurred Boomer investors

The share of property investors older than 60 has more than doubled since the capital gains discount was introduced, Reserve Bank of Australia research shows.

AAP

FED:'Build things faster': flat-pack fix for housing crisis

A $40 million plan to develop modular construction methods is the federal government's latest pledge to build homes faster and cheaper.

AAP

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FED:Swede dreams: flat-packs on list to fix housing crisis

Inspiration is being sought from the Swedes in more ways than one as the federal government looks for ways to get more homes onto the market quickly.

AAP

'Huge mistake': how Howard spurred Boomer investors

The share of property investors older than 60 has more than doubled since the capital gains discount was introduced, Reserve Bank of Australia research shows.

AAP

'ISIS bride' tried to board plane despite Australia ban

Despite an order barring her from entering Australia, a woman with links to Islamic State attempted to board a flight with others returning home.

AAP

Fake professor used in housing minister smear campaign

Disinformation spreaders have used a fictional academic to raise questions about the claimed rise in wealth of a government minister.

AAP

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Treasurer hoses down calls to carve up his tax revamp

Business groups are urging the federal government to have a major rethink over its capital gains tax measures but Jim Chalmers is remaining steadfast.

AAP

Labor happy with softer housing market since budget

Tax changes in the federal budget are already helping to level the playing field, according to the housing minister.

AAP

‘We are not in Trump’s America’: migrant groups say Angus Taylor in race to bottom with far right

Refugee advocacy group warns migrants ‘should not be used as scapegoats’ as prime minister claims Coalition imitating One Nation policies

The Guardian - AU

Coalition's bracket creep plan to cost tens of billions

The coalition's economic plan for Australia would hand back more money to workers by indexing tax rates to inflation at a cost of tens of billions of dollars.

AAP

PM rubbishes budget tax speculation as home prices slow

Sydney's home price premium over Brisbane and Perth continues to narrow as values retreat in Australia's two largest cities.

AAP

Confidence tanks as fuel spike flows to building costs

Housing Minister Clare O'Neil has brought together leaders from the construction industry as they grapple with skyrocketing materials costs.

AAP

Minister won't rule out tax change as Greens up demands

Falling building approvals have put the government further behind its housing supply targets, as Labor weighs up tax changes to ease affordability.

AAP

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AAP

Cheaper houses have lift-off as guarantee takes effect

A five per cent deposit guarantee is helping first homebuyers into the market, but ensuring they pay more for the privilege.

AAP

Self-interest widening wealth gap between old and young

Bridging the gap in wealth between older and young Australians will require a major recalibration in housing attitudes and policies, a leading economist says.

AAP

Duplexes could be key to solving housing crisis

Developing just a fraction of single-occupancy homes in Australian cities into duplexes would be enough to eliminate the nation's housing shortfall.

AAP

Push for standard zoning as housing crisis stacks high

More people might be buying their first home, but a report into the country's housing crisis says without radical planning reform the stock will dry up fast.

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AAP

Life-changing or dark day: jury out on deposit scheme

An expanded government scheme to help first-home buyers clear the deposit hurdle could pour more fuel on the red-hot property market, housing experts warn.

The Guardian - AU

Online TV viewers should have power to block gambling ads, former SBS chair says

Exclusive: George Savvides says networks should follow SBS’s lead with opt-out feature to protect people from ‘addictive and destructive’ advertising

The Guardian - AU

PM says neo-Nazi giving speech from Victoria’s parliament steps ‘isn’t the Australian way’ – as it happened

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The Guardian - AU

Lambie says crossbench ‘not important’ after Labor’s election landslide – as it happened

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AAP

Housing bubble warning as deposit scheme fast-tracked

House prices could surge and mortgage defaults rise when a government scheme to help first home buyers begins ahead of schedule, experts warn.

The Guardian - AU

‘We want builders on site, not filling in forms’: Albanese government cuts red tape in bid to boost home building

Pausing changes to Construction Code, establishment of ‘strike team’ within environment department and use of AI in planning among reforms

AAP

Warning building rule book freeze not consequence-free

A pause or review of the construction code has garnered support as a way to speed up home building but some argue a full hiatus could be counterproductive.

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