Article by EDDIE CHUNG from therealestateconversation.com.au
When considering changes to negative gearing, commentary about the potential to wind back negative gearing benefits on a retrospective basis is concerning.
People make medium to long term economic decisions based on the law at the time, and while some may argue the environment has changed to warrant the wind back of negative gearing benefits, doing so retrospectively and applying it to people who have already bought properties on which negative gearing benefits are claimed would be tantamount to penalising them for planning ahead and being financial responsible……………Click Here to continue reading this article
Cedar Mill concert venue a game-changer for Morisset A new event space at Morisset that will host headline national and international performers will put Lake Macquarie on the map as an event tourism destination and create new economic and social opportunities in the city’s south west precinct. Lake Macquarie City … Read more
Peter MacIntyre of Ray White Morisset facilitated one of the largest sales in our area, 263 DA Approved Residential Lot Subdivision Settled on 1st September 2020 for $24 million. Located minutes to schools, shops, train station and the M1 Motorway which is the main … Read more