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Property Council Of Australia
The Property Council of Australia is an Australian national lobby group representing property developers and property owners. It was formed as the Building Owners and Managers’ Association of Australia (BOMA) 1966, incorporated in 1969, and assumed its current name in 1996. The PCA engages in lobbying on a large scale, with its budgets in 2015 reported as including $6.4 million for advocacy, $1 million for communications, and $7.2 million for networking. It engaged in a major television campaign, "Don't Play With Property", ahead of the 2016 federal election seeking to preserve negative gearing. It has been a significant donor to both major political parties. It has campaigned on a broad range of property-related issues, including opposing land tax increases, reducing stamp duty, opposing minimum apartment standards, reforming strata title, opposing increased fees for foreign property purchasers and opposing land-clearing restrictions. Prime Minister Scott Morrison Sc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2016 Australian Federal Election
The 2016 Australian federal election was a double dissolution election held on Saturday 2 July to elect all 226 members of the 45th Parliament of Australia, 45th Parliament of Australia, after an extended eight-week official campaign period. It was the first double dissolution election since the 1987 Australian federal election, 1987 election and the first under a new voting system for the Australian Senate, Senate that replaced group voting tickets in Australia, group voting tickets with optional preferential voting. In the 150-seat House of Representatives, the one-term incumbent Coalition government was reelected with a reduced 76 seats, marking the first time since 2004 Australian federal election, 2004 that a government had been reelected with an absolute majority. Labor picked up a significant number of previously government-held seats for a total of 69 seats, recovering much of what it had lost in its severe defeat of 2013 Australian federal election, 2013. On the crossbe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Negative Gearing
Negative gearing is a form of financial leverage whereby an investor borrows money to acquire an income-producing investment and the gross income generated by the investment (at least in the short term) is less than the cost of owning and managing the investment, including depreciation and interest charged on the loan (but excluding capital repayments). The investor may enter into a negatively geared investment expecting tax benefits or the capital gain on the investment after it is sold to exceed the accumulated losses of holding the investment. The investor would take into account the tax treatment of negative gearing, which may generate additional benefits to the investor in the form of tax benefits if the loss on a negatively geared investment is tax-deductible against the investor's other taxable income and if the capital gain on the sale is given a favourable tax treatment. Overview Negative gearing is often discussed with regard to real estate, where rental income is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prime Minister Of Australia
The prime minister of Australia is the head of government of the Commonwealth of Australia. The prime minister heads the executive branch of the Australian Government, federal government of Australia and is also accountable to Parliament of Australia, federal parliament under the principles of responsible government. The current prime minister is Anthony Albanese of the Australian Labor Party, who became prime minister on 23 May 2022. Formally appointed by the Governor-General of Australia, governor-general, the role and duties of the prime minister are not described by the Constitution of Australia, Australian constitution but rather defined by Constitutional convention (political custom), constitutional convention deriving from the Westminster system. To become prime minister, a politician should be able to Confidence and supply, command the confidence of the House of Representatives (Australia), House of Representatives. As such, the prime minister is typically the leader o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scott Morrison
Scott John Morrison (; born 13 May 1968) is an Australian politician. He served as the 30th prime minister of Australia and as Leader of the Liberal Party of Australia from 2018 to 2022, and is currently the member of parliament (MP) for the New South Wales seat of Cook, a position he has held since 2007. Morrison was born in Sydney and studied economic geography at the University of New South Wales. He worked as director of the New Zealand Office of Tourism and Sport from 1998 to 2000 and was managing director of Tourism Australia from 2004 to 2006. Morrison also served as state director of the New South Wales Liberal Party from 2000 to 2004. He was first elected to the Australian House of Representatives at the 2007 election as a member of parliament (MP) for the division of Cook in New South Wales, and was quickly appointed to the shadow cabinet. After the Liberal-National coalition's victory at the 2013 election, Morrison was appointed Minister for Immigration and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Organizations Established In 1966
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, includin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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