Tag: investment property
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Union Urges End to Tax Breaks Turning Australian Housing into Wealth Hoarders’ Vehicle
Campaign to End Tax Breaks on Investment Property Gains A prominent Australian trade union is stepping into the ongoing housing affordability debate with a bold demand: scrap or overhaul the tax breaks that critics say turn housing into a vehicle for hoarding wealth. The Australian Manufacturing Workers’ Union (AMWU) and allied unions argue that current…
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Union Urges End to Housing Tax Breaks That Fuel Wealth Hoarding in Australia
Overview: A call to end tax breaks that shape Australia’s housing market In a bold bid to address rising inequality and the way housing functions in the Australian economy, the Australian Manufacturing Workers’ Union (AMWU) has urged sweeping reforms to the nation’s housing tax breaks. The union argues that certain concessions have effectively commodified property,…
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Union pushes to end tax breaks on housing: sees property as wealth hoard rather than home
Overview: a call to end housing tax breaks A major Australian trade union is pressing for sweeping reforms to housing tax policies, arguing that current breaks have transformed homes into vehicles for wealth accumulation. The Australian Manufacturing Workers’ Union (AMWU) is pushing to end or reform incentives that subsidize investment property ownership, saying they exacerbate…
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Revealed: Top 10 Property Hotspots in 2025
2025’s Property Hotspots: Where buyers should focus The property market for 2025 is shaping up to be defined by growth in mixed-use neighborhoods, better transport links, and improved lifestyle amenities. As buyers seek value, sustainability, and short commutes, several towns and cities across the UK are stepping into the spotlight. This year’s hottest markets combine…
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Denis O’Brien’s Ryder Cup Resort in Spain Posts Pretax Losses Ahead of 2031 Event
Overview: Camiral Resort posts pretax loss amid FX headwinds The Denis O’Brien-owned group behind the Camiral Golf and Wellness Resort in Girona, Spain, reported a pretax loss of £2.56 million (€2.94 million) for the last financial year. The figures, filed at Companies House in the UK, show a 17% drop in revenues year-on-year, with total…