March 23, 2021 • 8 mins
The Government will pour close to $4 billion into a scheme to accelerate the pace of new house builds, which is expected to help see "tens of thousands" of new properties built.
It is also doubling the capital gains tax-esque bright-line test from five, to ten years - meaning any gains on a residential property that is not a family home will be taxed if the property is sold within ten years of purchase.
Infometrics Senior Economist Brad Olsen joined Simon Barnett and Phil Gifford to discuss the changes.
It is also doubling the capital gains tax-esque bright-line test from five, to ten years - meaning any gains on a residential property that is not a family home will be taxed if the property is sold within ten years of purchase.
Infometrics Senior Economist Brad Olsen joined Simon Barnett and Phil Gifford to discuss the changes.
See omnystudio.com/listener for privacy information.
Mark as Played
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.
The Nikki Glaser Podcast
Every week comedian and infamous roaster Nikki Glaser provides a fun, fast-paced, and brutally honest look into current pop-culture and her own personal life.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.