Investment
A move by federal politicians has inflamed Australia’s housing crisis, cutting out millions from owning a home. ‘The world’s most generous tax breaks’ handed to property investors by federal politicians is helping cut millions from owning a home, industry warns. A new report warns that the wealthiest Australians now hold 90 times the wealth of […]
Baird Maritime and Work Boat World Magazine’s Neil Baird says Australian shipping has become a “no-go” for investors. Prior to the election, Labor promised it would establish a fleet of up to 12 Australian flagged and crewed merchant vessels. “Australian shipping has become a no-go area for investors, particularly experienced ship owners,” Mr Baird told […]
Guzman y Gomez shares begin trading today on the ASX under the ticker GYG with a valuation of A$2.2 billion. Founder Steven Marks, a New Yorker who once worked for Steve Cohen’s SAC Capital and moved to Australia 22 years ago, is set to be worth more than A$200 million at the offer price. Marks, 52, is the […]
New NAB data reveals Melbourne’s booming western and northern suburbs remain the top Australian locations for first home buyers heading into 2023, but a suburb in Sydney’s north-west is rapidly closing the gap. Despite the rising cost-of-living and an overall softening in the market, first home buyer activity remained steady in the second half of […]
