According to the latest fiscal bureau stamp duty data, in the fiscal year of 2018-2019, a total of 201,000 houses in Victoria were sold, and the number of houses sold in the previous year was 221,000. The decline in real estate sales has brought a deficit of 1 billion yuan to the Victorian budget bottom…
The House passed a controversial bill that banned $10,000 in cash and sentenced people who used cash to exceed the limit to two years in prison. But the bill won’t become law until the Senate investigates the bill. The 2019 Currency (Cash Use Limits) Act was passed in the House of Representatives on Thursday. The…
Value capture has been advocated as an innovative way to finance infrastructure, including by the Australian government. However, its effectiveness in Australia has been questioned. Our research based on the demolition of railway level crossings in Victoria shows that infrastructure projects do lead to higher property values that can be used to finance projects. Property…