Monthly Archive for August, 2010

More growth in top 20% of postcodes

Melbourne:

The top 20% of postcodes have recorded value growth of 16.9% during 2009 as has the middle market whilst the lower end recorded growth of 12.3%.

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Negative gearing here to stay, say pollies

By Kevin Eddy | 11 Aug 2010

Both political parties have ruled out the abolition of negative gearing following the federal election.

Both Treasurer Wayne Swan and Shadow Treasurer Joe Hockey assured attendees at a debate at the Canberra Press Club that neither would clamp down on negative gearing on property investment.

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