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A new tax policy aimed at stopping foreign investors sending sale proceeds overseas before compliance action can be taken could catch unaware buyers says First National Real Estate chief executive, Ray Ellis.
First National Real Estate’s top national performers were presented with their General Excellence and Marketing Awards at the Cairns Convention Centre last night. The awards dinner was part of First National Real Estate’s joint Australian and New Zealand Convention, which has attracted more than 350 delegates from Australia, New Zealand and the South Pacific.
Australia’s largest independent real estate network, First National Real Estate, has announced local businessman Mr David Hamilton the winner its highest honour, the Kaye Heath Memorial Award, at its national convention in Cairns last night. The convention has brought together more than 350 agents from across Australia and New Zealand.
Former Prime Minister John Howard OM AC today told 350 delegates at the First National Real Estate convention in Cairns he was intrigued that there had been very little reference, in the federal election debate about negative gearing policy, to the experience of its removal in 1985.
Australian Bureau of Statistics housing figures released this week provide evidence that investor activity and current negative gearing tax arrangements keep rents lower than they would otherwise be says First National Real Estate chief executive, Ray Ellis.
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