Property industry calls for repeal of ‘illogical’ land tax
Queensland land tax reform will deliver a ‘king hit’ to investment in the Sunshine State, property insiders have warned. The Real Estate Institute of Queensland (REIQ) has called for repeal of the ‘illogical’ new land tax regime which will tax owners of investment properties held in other states from 2023. REIQ CEO Antonia Mercorella said […]
Plans For Australia’s Tallest Tower Defy Tough Times
While billions of dollars of projects are being shelved due to escalating construction costs and a crippling labour shortage, a Melbourne consortium with high hopes has filed plans for Australia’s tallest tower on the Gold Coast. The ambitious proposal is for a landmark $400-million “vertical neighbourhood” at Southport comprising two slender supertowers—a 100-storey apartment building […]