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| | | A single buyer has snapped up all $800 million of Australian government bonds issued by the Australian Office of Financial Management on Wednesday. It is reported to be the largest single purchase of Treasury Bonds based on auction records dating back ... |
| | | | A $19.4 million capital raise by shareholders and other interested parties will see Powerwrap commence the next stage of its growth strategy, with the potential for an IPO later this year. Despite talk of a sale earlier in the year, the $6 billion platform ... |
| | | | The NSW Government decision to abolish all stamp duty for first homebuyers on existing and new homes up to $650,000, and stamp duty discounts up to $800,000, is being met with caution from a financial adviser. Announced by Premier Gladys Berejiklian ... |
| | | | ... cannot occur, she added. "Another concern is how this scheme will operate for couples where one partner is a first home buyer and the other is not," Caputo said. But in reality, the amount that can be saved through the scheme alone won't be enough for ... |
| | | | ... whether the scheme will actually help first home buyers save in a meaningful way. Comparing the position of a first home buyer before and after the budget, he notes that maximum savings benefit for an individual over two years, who puts in the maximum ... |
| | | | In the wake of new Budget measures to ease pressures on housing affordability, the Financial Planning Association of Australia reinforced its stance that superannuation should not be made accessible to first home buyers. Under proposals made in the ... |
| | | | The Government has handed down a "Ginger Spice" rather than a "Scary Spice" of Budgets this year, according to IOOF head of technical services Martin Breckon. Explaining himself, Breckon said the Budget appeared to be designed to avoid any comparisons ... |
| | | | First home buyers will be given greater opportunities to own their own home under a new savings plan in the 2017 Federal Budget. From 1 July 2017, first home buyers will be allowed to make voluntary contributions of up to $15,000 per year and $30,000 ... |
| | | | Opposition leader Bill Shorten is rejecting claims Treasurer Scott Morrison's 2017-18 Budget is anything like a 'Labor Budget.' Shorten went on Twitter to say the Coalition's budget is "out of touch", as a Labor Budget wouldn't slash school funding ... |
| | | | Sixty-eight per cent of Gen Xers worry they will be locked out of the property market and for many the prospect is taking an emotional toll, the latest ME Bank study shows. The findings, which come from a study of 1000 "wannabe home owners", shows many ... |
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