MCG QUANTITY SURVEYORS BLOG
Housing State of Supply Report 2011
, in Yesterday saw the release of the National Housing Supply Councils 2011 State of Supply report. The National Housing Supply Council was established in 2008 by the Treasurer and the Minister for Housing to
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Reserve Bank December Board Meeting Minutes
In its last meeting on the 6th of December, the Board decided to lower the cash rate to 4.25 per cent citing a potential slowdown in China’s growth, sovereign credit and banking problems
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Scrapping & Tax Depreciation – Writing off an asset
Previously I’ve written about how effective lives are determined, which gave a quick insight into the process of ‘scrapping’. In simple terms, scrapping is the process of throwing away an asset that has
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Property Tax Depreciation – Effective Lives
Property Tax Depreciation – How does the commissioner determine the effective life of a depreciating asset? I’m often asked where ‘effective lives’ come from, and the short answer is the Commissioner of taxation.
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