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The Tax Office statistics show net capital gains being reported by taxpayers jumped 37 per cent to $14.4 billion, far faster than the rise in the property or stock markets. The cost to the federal budget of negatively-geared rental property deductions has fallen 12.5 per cent to $10.9 billion, the lowest level in four years because of record […]
Greenery on skyscrapers in Australia has gone from being the “parsley around the pig” to a fundamental design element of the buildings becoming known as treescrapers. More and more, the old-style concrete jungles in our cities are being replaced by towers that are studded with trees, dripping with foliage and have rooftops that are home to verdant forests of plants, shrubs […]
Outdated office buildings are undergoing a revival, being converted to apartments to meet the demand for inner city living options, reports realcommercial.com.au. The trend is being driven by recent developments in the Sydney and Melbourne CBD’s, however demand is so high that local and international investors are also looking to CBD fringe locations for […]