Business Services Industry
Nailing the cause of sky-high prices.
Australasian Business Intelligence, July, 2007
Byline: Nicholas Gruen
Jul 11, 2007 (The Age - ABIX via COMTEX) -- Arguments are raging in Australia about the high price of houses. Some would argue that the Australian states have strict land release polices, restricting the supply of land on the outskirts of suburbia, and that this is a factor forcing up prices. Others argue that there are other forces driving up the price of houses in the inner-city areas. These include low interest rates, negative gearing tax benefits, the halving of capital gains tax, increased immigration, strong economic growth and the sheer number of wealthy people in cities like Sydney. The argument is that inner-city living is so desirable, because of better transport, better services and better facilities, that demand for such...
Most Recent Business Articles
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
