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Property destroyed in out-of-control WA bushfire | Sky News AustraliaA bushfire which destroyed five sheds in Western Australia's South West region continues to threaten lives and homes.\n\nThe out-of-control fire was reported two days ago and has destroyed more than 3300 hectares of land since. \n\nAbout 200 firefighters continue to work on the blaze.\n\n\n\n\n\n Aussies assemble!!
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Labor's negative gearing changes will slow housing market and employment: Master Builders Australia | Sky News AustraliaFULL INTERVIEW: Master Builders CEO Denita Wawn has warned Labor's negative gearing changes will result in a decline in new houses being built.\n\nLabor plans to restrict negative gearing to new homes and reduce capital gains tax concessions if it wins the next federal election, claiming the policy will raise $32 billion over the next decade.\n\nShadow Treasurer Chris Bowen says Labor will deliver on its housing reform agenda even though the property market is falling within many capitol cities.\n\nMs Wawn has told Sky News she believes Labor should rethink its policy.\n\nShe says the policy will not maximise 'affordable housing and affordable rent.'\n\n\n\n JoshFrydenberg Wrong.. 90% up over 6 years on your watch thanks to offshore buyers. Thanks for raising systemic risk. Even rba says its shambles JoshFrydenberg JOSH AND I GET ALONG VERY NICELY JoshFrydenberg Josh, I rent. I don't trust you and I don't believe you. As pressure goes off pricing, as the cost of the assett falls, so too will rents, especially as investment in existing dwellings will be swapped for investment in new dwellings. You have nothing to show that rents will rise
Source: SkyNewsAust - 🏆 7. / 78 Read more »