Victorians’ appeal to extend the federal government’s $25,000 HomeBuild plan was approved. The preliminary plan of the plan stipulates that applicants should start construction within three months after signing the contract. According to the fourth phase of COVID-19 restrictions, national tax experts have extended the period by six months. Although the extension will not change…
On Tuesday, the Reserve Bank of Australia kept the cash rate at 0.25%, but experts urged borrowers to seek cheaper deals. The latest analysis of financial services company Canstar surveyed 1,000 Australians and found that: The average interest rate paid by respondents for their own homes is 3.73%. The average investment loan interest rate paid…
Non-essential retail stores are closed, and permits for work and childcare are required. The list of permitted industries was updated again this morning. Moreover, work permits cannot be issued at will. Companies that issue permits to unqualified employees are fined up to $99,123, and individuals face fines up to $19,826. Employees in essential industries such…
Australia’s A$22 billion National Disability Insurance Scheme (NDIS) is still an important policy of the coalition government. One of Prime Minister Malcolm Turnbull’s first tasks is to sign an agreement to fully promote the NDIS in Victoria and New South Wales by 2019. These agreements provide some insights into the interface between housing and NDIS.…