VIC State Budget 2022/23

The Victorian Government has delivered the 2022/23 Budget with a clear emphasis on health, education and infrastructure projects in Victoria and no major surprises or material new taxes for Victorian businesses. Key takeaways Although there are no key tax measures introduced, direct property taxes will continue to be the source of over 50% of new […]

Property & infrastructure

The property, infrastructure and construction sectors can be volatile, subject to changing regulations and policies, and rapidly shifting economic and political conditions. If one thing is certain, it’s that uncertainty comes with the territory. So, it is a relief to know that in some of the most important areas of your business, such as taxes, […]

VIC 2020/21 State Budget – Property & infrastructure

Key Takeaways Property $6bn Big Housing Build package 12,200 new social and affordable homes $111m to implement planning reforms and reduce red tape to fast-track new projects Stamp duty waiver of 50% on new residential property transactions of up to $1m (worth up to $27,500) Stamp duty waiver of 25% on existing residential property transactions of up […]

The Federal Government’s infrastructure plan to boost employment

David Chu, Head of International Business, discusses the Federal Government’s new infrastructure projects, plans to boost employment and what we can expect from the banks and more widely, the economy. David Chu, Head of International Business, recently joined Thomas Sung (host) on the SBS Radio Cantonese Program to discuss the Federal Government’s new infrastructure plan. Listen […]

UN Sustainable Development Goals underlying the Green Belt & Road

China’s Green Belt & Road Initiative and the UN Sustainable Development Goals are, respectively, the largest infrastructure project and most ambitious internationally agreed human goals in recent history. Both will need to work in partnership to achieve significant impacts by 2030. In less than 40 years, China has reduced its poverty rate from 90% to […]

GRANT ALERT: Community Sports Infrastructure Grant

The Federal Government is accepting applications to the $29.7 million Community Sports Infrastructure Grant program. The Community Sports Infrastructure Grant program is providing competitive grants up to $500,000 to improve local community sporting infrastructure and facilitate greater participation in sports and physical activity. What is on offer? Three grant streams are available (matched on a […]

GRANT ALERT: Regional Growth Fund

The Australian Government’s Regional Growth Fund is currently accepting applications for major transformational projects which support long-term economic growth and create jobs in regions undergoing structural adjustment. Successful projects will receive a minimum $10 million grant from the Commonwealth (matched 1:1). Eligibility Applications must be legal entities with an ABN or ACN, and be one […]