My two cents on the upcoming Policy Address with SING TAO NEWS CORPORATION LIMITED 星島新聞集團 Interview: 1. The government can consider allowing applicants of the new Capital Investment Entrant Scheme (#CIES) to invest in residential properties, but that should be limited to properties above a certain price level so as not to compete with local first-time buyers and upgraders. 2. The supply of subsidised housing should be increased to cater to the aspirations of #youth in homeownership. The government can also consider setting up a dedicated saving scheme for youth buying subsidised housing. 3. More flexibility and incentives should be provided to encourage the private sector to participate in #PPP in land development in view of the tight fiscal condition of the treasury. #PolicyAddress #PA2024
Ryan Ip, CFA, MRICS’ Post
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🏠✨ The 2024/25 Australian Federal Budget places housing at the forefront, addressing crucial issues of availability and affordability amidst economic challenges. Treasurer Jim Chalmers has highlighted significant initiatives designed to provide cost-of-living relief and support the construction sector, and while many will say they have not gone far enough, it certainly is a step in the right direction as housing availability and affordability has been neglected for far too long. Key Measures: Commonwealth Rent Assistance boosted by 10% ($1.9B investment). $11.3B Homes for Australia plan, including $1B for crisis accommodation. $1.9B in concessional loans for 40,000 new social and affordable homes. $2B for Social Housing Accelerant Payment. 📈 Expanded support for the construction workforce and streamlined processes for foreign investments showcase a comprehensive approach to tackling the housing crisis. Dive into the details and see how these measures can impact you. Click the link to read on. 🔗 https://lnkd.in/eg3czKjS . . . . . . #Budget2024 #HousingSupport #AffordableHousing #RealEstateReforms #ConstructionIndustry #SocialHousing #EconomicRelief
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The new federal budget has major updates for housing and cost of living! 🏡 Housing Investment Boost 🏗️ Affordable Housing Initiatives 💸 Cost of Living Relief Whether you're an investor or looking for affordable housing, this budget aims to improve housing access and ease cost pressures across Australia. Stay tuned as we break down what these changes could mean for you! Read the full article here- https://zurl.co/VAKS Comment any questions below to get an expert answer from our team. #InvestWithLiviti #propertyinvestments #propertytok #FederalBudget2024 #AUSTRALIABUDGET #trendingnewsaustralia #livitiau #AusBudget2024 #FederalBudget #Surplus #EconomicNews #livititrends #livitinews #trendingnewsau #aubudget2024
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The recent federal budget's inclusion of a National Indigenous Loan Guarantee Program represents a commitment to ensure that large-scale projects get built with the full participation of Indigenous nations. #Budget 2024, if passed, will set an upper limit of $5 billion in loan guarantees, serving as a needed tool to support meaningful economic partnership, opening up opportunities for Indigenous nations to own a stake in major projects impacting our territories. Join Deputy Prime Minister and Finance Minister, Chrystia Freeland, and Energy and Natural Resources Canada (NRCan) Minister, Jonathan Wilkinson, as they unravel the Government of Canada’s commitment to roll-out the National Indigenous Loan Guarantee Program and the governments role among its partners. 2 days left to register: https://lnkd.in/g4ZKeYFC
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𝐁𝐎𝐈 𝐓𝐚𝐱 𝐈𝐧𝐜𝐞𝐧𝐭𝐢𝐯𝐞𝐬 𝐟𝐨𝐫 𝐀𝐟𝐟𝐨𝐫𝐝𝐚𝐛𝐥𝐞 𝐇𝐨𝐮𝐬𝐢𝐧𝐠 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 Discover how the Office of the Board of Investment (BOI) is incentivizing affordable housing investments with tax privileges for developers: - BOI provides tax privileges for property developers selling affordable housing under 1.5 million baht to low-income individuals. - Eligible projects encompass townhouses, single-detached houses (min. 70 sqm/unit), and condos (min. 24 sqm/unit), subject to Government Housing Bank (GHB) approval. - Qualified investors can enjoy a three-year exemption from corporate income tax for investment costs in project infrastructure like roads, public facilities, and public usage areas. #BOI #AffordableHousing #TaxIncentives #LowIncome #PropertyInvestments #GHBApproval #CorporateTaxExemption #InfrastructureInvestment #MahanakornPartnersGroup #MahanakornPartners #MPG
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Interesting new report - article below by Killian Woods at the Business Post
Revealed: How many apartments property funds, social housing bodies and households bought since 2017 New Department of Finance research has shown who is buying the 37,000 apartments that have been built in the past seven years https://lnkd.in/e_BDMBPt
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Revealed: How many apartments property funds, social housing bodies and households bought since 2017 New Department of Finance research has shown who is buying the 37,000 apartments that have been built in the past seven years https://lnkd.in/e_BDMBPt
Revealed: How many apartments property funds, social housing bodies and households bought since 2017
https://www.businesspost.ie
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🌟 2024 Canada Budget Commentary, continued. The introduction of the Indigenous Loan Guarantee Program marks a pivotal step towards bridging the economic disparities between Indigenous communities and settler populations in what many know as Canada. 🇨🇦 Access to capital is one of the most significant barriers for Indigenous groups on the continuum of self-determination in economics and beyond. This new program can potentially lower those barriers by providing loan guarantees, opening easier access to necessary financial resources. This initiative could ease the fiscal processes Indigenous communities must navigate to develop culturally informed infrastructure, businesses, and services that are owned by them, fostering economic self determination and sustainability. 💼🌱 While this is a positive change, the impact of the Indigenous Loan Guarantee Program will depend heavily on its implementation. Transparency, inclusivity, and effective administration will be key to ensuring that these guarantees truly reach the communities that need them most and are used in ways that truly align with Indigenous priorities and needs. 🔄 I'm cautiously optimistic and watchful that this program can live up to its potential to make a meaningful difference. This could be a significant chapter in our ongoing efforts towards economic reconciliation in Canada. 📈🫱🏾🫲🏼 #CanadaBudget2024 #indigenouseconomics #IndigenousEmpowerment #EconomicDevelopment #Sustainability #Reconciliation https://lnkd.in/gE5C2EVc
web link
budget.canada.ca
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Despite announcements around support for several specific development projects, the need for significant investment to drive the delivery of housing of all types and tenures, especially affordable homes, failed to be addressed in today’s Budget. Without investment across the board, from planning authorities to grant rates, and without support for a long-term housing plan here in the UK, the existing crisis will only be exacerbated to the country’s further detriment. Given that future investment in UK housing stands to generate long term economic and social benefit as well as Treasury savings, it was disappointing this wasn’t recognised. #2024Budget
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Australia's PM commits billions to housing ahead of the budget release. Cost of living concerns impact the government's popularity. The package features funds for social housing and infrastructure. #Australia #Budget #NationalTechnologyDay #CSKvsGT #BigBreaking #MutualFunds #infrastructure #finance #stockmarket #Paytm #mutualfunds #investment #Portfolio #PortfolioDay #job #jobopportunity #mnc #mnccompany #mncjobs
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