{"id":17911,"date":"2019-04-06T11:57:36","date_gmt":"2019-04-05T22:57:36","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=17911"},"modified":"2019-04-06T11:57:36","modified_gmt":"2019-04-05T22:57:36","slug":"end-of-housing-downturn-draws-closer-pete-wargent","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/end-of-housing-downturn-draws-closer-pete-wargent\/","title":{"rendered":"End of housing downturn draws closer: Pete Wargent"},"content":{"rendered":"

 <\/p>\n

PHOTO: Housing downturn\u00a0<\/strong><\/p>\n

Not too many surprises in the Treasurer’s 2019 Federal Budget, then.<\/p>\n

Tax cuts for households were effectively doubled from around $150 billion to about $300 billion, in rounded numbers.<\/p>\n

Quite a substantial saving of tax for households was mooted to be released in stages, and more Aussies eventually set to be paying tax at 30%.<\/p>\n

There were some more immediate handouts, something of a boost to infrastructure spending, and a broadening of the scope for business asset write-offs.<\/p>\n

Nothing too unexpected nor dramatic, but an expansionary Budget nonetheless.<\/p>\n

READ MORE VIA PROPERTY OBSERVER<\/a><\/p>\n

 <\/p>\n

https:\/\/www.instagram.com\/p\/Bvie9JglkKy\/<\/p>\n","protected":false},"excerpt":{"rendered":"

  PHOTO: Housing downturn\u00a0 Not too many surprises in theRead More →<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":17912,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478098521,478098566,478098519,478098535,478100749,478098522,478098537,478098543,478098556,478099125,478098873,478098579,478098510,478098514,478098511,478098509,478104407,478104406],"class_list":["entry","author-data123nz","post-17911","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australians","tag-first-home-buyers","tag-home-ownership","tag-house-prices","tag-housing-downturn","tag-interest-rates","tag-melbourne","tag-mortgages","tag-nsw","tag-property-crash","tag-property-investment","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-news","tag-tax-cuts","tag-treasurers-2019-federal-budget"],"yoast_head":"\nEnd of housing downturn draws closer: Pete Wargent - 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