Adelaide’s residential property market is a rising star and outperforming all other mainland capital cities – including Sydney, Melbourne and Brisbane – in terms of stability, according to independent analysis by national valuer Herron Todd White (HTW). The HTW national property clock for October, which rates markets based on sales activity and growth, shows Adelaide’s market is rising towards the…
South Australian business confidence has defied a national downturn and remained stable in September, according to the latest NAB Monthly Business Survey. The independent survey of 1,400 business across the country showed business confidence in SA and NSW remained unchanged last month while confidence in Victoria (-6), Queensland (-3) and Tasmania (-1) all dropped. This is in stark contrast to the…
Treasurer Rob Lucas today said the State Government rejected a Property Council proposal to impose an average new land tax bill of $1,595 on 213,000 landowners who currently don’t pay any land tax at all. This crazy proposal is included in the Property Council’s submission to the Government over proposed land tax reform proposals and…
The State Government welcomes the decision by the independent industrial umpire to order the Ambulance Employee Association (AEA) and all its members not to encourage or promote any industrial action relating to the working of overtime during October. The State Government had been advised there were concerns about the ability to provide the expected level of ambulance services on each…
The Marshall Liberal Government has successfully reached agreement with the Police Association of South Australia (PASA) for a new interim pay and conditions agreement for sworn police officers. The deal – which extends the life of the existing Enterprise Agreement to June 30, 2020 – will strengthen SAPOL’s capabilities by making more police officers available…
The State Government has labelled today’s increase in the seasonally adjusted unemployment rate for August to 7.3 per cent (6.8 per cent trend) as disappointing news for jobs seekers in South Australia. “The State Government understands the frustration of people looking for work and is committed to further increasing the number of jobs our economy…
Some students across South Australia will be bringing home end-of-term report cards without any written teacher comments about their progress and ability, attitude or areas for improvement, following an ‘outrageous and deeply offensive’ Australian Education Union directive designed to disadvantage students and parents. Union bosses from the AEU are again urging their members not provide…
The Marshall Liberal Govenrment has welcomed the groundswell of community and business support for its historic land tax reforms, which will put $70 million back into the pockets of tens of thousands of hardworking South Australians over three years. Paradise teacher Lynnette Deguglielmo, and her husband Dominic, who own several investment properties and currently pay…
Detailed analysis conducted by Treasury has now revealed that 22,300 property ownerships comprising individuals, companies and trusts in South Australia own multiple properties and are already paying land tax on aggregated land values. Put simply, this means that many South Australians have continued to invest in property even though they might be paying land tax…
The Marshall Liberal Government has tonight announced details of its bold land tax reform package – including an immediate slashing of SA’s top marginal tax rate from the highest in the nation at 3.7% to just 2.4% (which is the average of all mainland states) – which will benefit tens of thousands of South Australians…