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Tax credits offered to encourage affordable housing investment

The federal government will begin a tax credit scheme to stimulate investment in affordable housing, federal housing minister Tanya Plib...
May 24, 2019
Housing affordability continued to worsen in the December quarter, the Real Estate Institute of Australia (REIA) and Deposit Power revealed today. Data from the instit...
February 28, 2008
Residential property data providers have come under criticism for wide ranging differences in house price values. Victorian planning minister Justin Madden said there ...
February 28, 2008
Diversified financial services group Suncorp reported a first half net profit of $382 million today. The result is 27.5 per cent lower than the prior corresponding pe...
February 28, 2008
As many financial companies continue to suffer from wavering investor confidence, chief executive of National Australia Bank (NAB) John Stewart has called for improved transpar...
February 28, 2008
While battered international institutions flag losses amid global market turbulence, February revealed positive results for some domestic mortgage businesses. With li...
February 27, 2008
Allco Finance Group (Allco) has faced a tumultuous few days since reporting its half year results on Monday. After a 64 per cent fall on Monday, its share price yester...
February 27, 2008
The Rock Building Society yesterday reported a net profit after tax of $2.27 million for the half year to 31 December 2007. The result was a 35 per cent increase on t...
February 27, 2008
RHG Limited yesterday announced a half year profit of $22.6 million. Consolidated profit after income tax for the group was $113.8 million, which included a profit of $103.3 mi...
February 27, 2008
Homeloans Ltd today announced a half year net profit of $2.269 million, an increase of 230 per cent on the restated prior corresponding period. The...
February 26, 2008
Deterioration of the credit markets is resulting in increased commercial lending business at attractive profit margins for the major banks, NAB chief executive John Stewart tol...
February 26, 2008
Sales of existing homes in the US continue to steadily decline, the American National Association of Realtors (NAR) revealed overnight. According to...
February 26, 2008
The poor savings habits of Australians attracted the media’s attention last week. Just 34 per cent of 2,000 respondents surveyed by Datamonitor saved a deposit of 20 per ...
February 25, 2008
Young Australian borrowers are flocking to longer term loans in a bid to combat housing affordability. Savings & Loans Credit Union today reported a sharp rise in ...
February 25, 2008
Mortgage businesses expect the cost of funds to rise over 2008, according to last week's Mortgage Business straw poll. A conclusive 73 per cent of respondents e...
February 25, 2008
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