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'Woeful' decline for home building

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Australian Broker | 03 Apr 2012, 03:00 AM Agree 0
"Woeful" building numbers have the housing industry pleading for a rate cut when the RBA meets today
  • sidbroker | 03 Apr 2012, 12:54 PM Agree 0
    RBA needs to drop rates, Govt has to rid us of draconian and strangling taxes ie. Capitol gains and land tax. Stamp duty must go also. These are all illegal taxes as we are only to have GST. Is this not the case.
  • Country Broker | 03 Apr 2012, 03:35 PM Agree 0
    I really believe that the Federal and State goverments need to look at continuing and boosting the FHOG particulary for new housing starts, this programme is very cost effective as receipts from GST and taxes on profits rise when home bulding starts to rise .
    THE MFAA, HIA and all lobby groups need to get into the ear of treasury and the state goverments about this. Housing led recoveries WORK
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