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The building industry is suffering a decade-long ‘decimation’ that has ruined lives and left companies in disastrous debt.
CONSTRUCTION
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Quasar Constructions has entered administration, incurring an estimated $60 million debt affecting several major projects.
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Property giant Mirvac Group has posted a smaller operating profit amid tough conditions as it sells office blocks to invest in build-to-rent apartments and ware…
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Many property developers are confused at the current state of affairs with the Australian debt markets and their treatment of development/construction loans.
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The latest numbers on new home starts are out and it isn’t good news for battlers struggling to live the Australian dream.
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NSW building company Stevens Construction has collapsed two months after going into voluntary administration.
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Thousands of Victorians affected by collapsed builders are now waiting for a payout from the government-run insurer.
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Clients of a collapsed custom shed company have been left with empty blocks of lands after they claim they were reeled in by promises of competitive steel price…
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A Queensland builder owing almost $800k did one thing that left other workers infuriated, with one declaring “it boils my blood”.
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The plan is clear: the city’s west will keep expanding, but now the east and north must too.
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Stevens Construction, a New South Wales company that has completed hundreds of millions of dollars worth of building projects, has gone into voluntary administr…
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Western Australia is on track to fall more than 15,000 homes short of its National Housing Accord target.
SMATS Chats
Latest Podcasts
Join Steve Douglas as he discusses:
- Global financial markets, issues & influence on our daily lives;
- Australian property markets, driving factors and has it peaked?
- International markets review & forecast;
- Australian Dollar review & prediction;
- Interest rates…
Join Steve Douglas, Executive Chair and Julie Kelley, Sales & Marketing Manager as they answer your burning questions during the 'Australian Residency and Tax Changes & Implications To Expats' webinar.
You can also book a FREE 20 minute tax consult by emailing smats@smat…
Hidden away in the back of the Australian Budget and unmentioned in the Treasurers speech, was a simple statement confirming that:
“The Government will replace the individual tax residency rules with a new framework that is easy to understand, provides certainty and reduces compl…
We trust this seminar gives you a clearer understanding of the Australian Budget Announcements including:
• How Covid19 has impacted the Australian Government’s federal finances
• Measures the Government intends to undertake to reinvigorate the Australian economy
• Latest taxatio…
Australian property prices look to be on a rocketing path, with first home buyers, low-interest rates and FOMO (fear of missing out) fueling the demand for the start of 2021.
However, with stimulus packages coming to an end, and international borders remaining closed, can this ex…
For anyone considering Australia as a future place of residence planning your taxation affairs is a critical element of the migration process.
The Australian taxation system is extremely complex and taxes residents worldwide income.
Thankfully, legal and sensible tax …
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