When transferring property, stamp duty is or isn’t payable, depending on the transaction type and the family relationships of the people involved. Conveyancing can be quite a complex area so it’s important to keep up by checking the fact sheets at the Office of State Revenue (OSR), website. This complexity also illustrates the benefits for people buying, Read the full article…
Chinese iron ore imports increase
Oct 17, 2012 Articles
IRON ore imports by China, the world’s biggest buyer of the commodity, climbed to a 20-month high on speculation steel demand may increase. Imports totalled 65.01 million tonnes in September, China’s customs bureau said. The shipments, the highest since January 2011, rose 4.1 per cent from August and 7.3 per cent from the 60.57 million Read the full article…
Port weighs in with new record
Oct 12, 2012 Articles
The Port Hedland Port Authority says despite the current slowdown in the Australian mining sector, it has recorded its largest dead weight tonnage vessel at the port. Iron ore carrier Daniel N left Port Hedland earlier this month with a total weight of more than 297,000 tonnes. The previous record was set in June, 2010 Read the full article…
Population pressure squeezing the rental system
Oct 9, 2012 Articles
Population data recently released by the ABS for the Year to March 2012, show Western Australia’s population growing at 3.1 per cent or 73,300 people. This is the highest recorded annual increase and level with the Year to December 2008. This figure is driven by a record quarterly increase in WA’s population of 23,300 and Read the full article…