New Land Tax Exemption for Social and Emergency Housing
The Victorian State Budget for 2024/2025 has revealed a new tax measure for land utilised in social and emergency housing. This new land tax exemption aims to clarify existing arrangements, ensuring landowners involved in such housing initiatives are not burdened by excessive land tax obligations.
Victorian Regional Tourism Investment Fund 2024 – A Win for the Tourism Industry
The Victorian Government launches the Regional Tourism Investment Fund 2024, aiding tourism projects in rural and regional Victoria. Grants up to $5M available. Eligibility open to various entities. Apply by July 19, 2024.
A spotlight on the current affordable housing crisis – An Overview from the Federal Budget 2024/25
The 2024/25 Federal Budget has announced $6.2 billion of new initiatives in the budget to respond to Australia’s housing shortage.