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Article: BRIEFING - ASIA REAL ESTATE - AUG 13, 2007.
- Article from:
- AsiaPulse News
- Article date:
- August 13, 2007
CopyrightCOPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on real estate for Aug 13, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
AUSTRALIAN HOUSING GROUPS WELCOME LABOR'S RENT PLAN
CANBERRA - Housing industry groups say federal Labor's plan to offer tax incentives for investors to build low-cost rental homes is an encouraging step.
Under the $A600 million ($US506.55 million) policy, officially unveiled by Opposition Leader Kevin Rudd in Canberra today, investors will receive an annual $A6,000 ($US5,065.5) tax break to build 50,000 homes to rent to eligible families ...