South Australian ‘empty nesters’ to get stamp responsibility windfall in $70m pledge
The South Australian Labor get together is proposing to offer “empty nesters” an enormous stamp responsibility saving of greater than $100,000 to encourage them to commerce their massive household properties for smaller dwellings, AAP experiences.
The transfer goals to liberate essential housing inventory for rising households.
The overall stamp responsibility abolition would apply to individuals aged 60 or over shopping for a smaller, newly constructed dwelling or off-the-plan condominium value as much as $2m, saving eligible South Australians as much as $103,830.
The exemption can solely be accessed as soon as.
The state’s premier, Peter Malinauskas, introduced the election pledge this morning, saying if his get together was re-elected, the plan would stimulate housing progress and assist liberate bigger properties for households.
Below the scheme, individuals buying a $1m dwelling after promoting their bigger dwelling would obtain a full stamp responsibility concession value $48,830. That might improve to $76,330 for a $1.5m dwelling, whereas a most concession of $103,830 would apply to a $2m dwelling.
The announcement comes a day after the federal government formally entered caretaker mode, with Malinauskas and his deputy, Kyam Maher, visiting Authorities Home on Saturday morning to formally begin the state election marketing campaign.
Malinauskas mentioned:
Our plan to abolish stamp responsibility for downsizers is particularly calibrated to extend housing provide, whereas additionally liberating up bigger properties for households.
By abolishing stamp responsibility, we’re providing an actual incentive to older South Australians to downsize … Below our plan, seniors can save greater than $100,000, in contrast with $15,000 underneath the Liberals.
Below Labor’s proposed coverage, candidates for the stamp responsibility low cost must be 60 or older; be shopping for a brand new or off-the-plan dwelling to dwell in that’s smaller than their current dwelling; and promoting their current principal place of residence.
The state’s Liberal chief, Ashton Hurn, used her get together’s election marketing campaign launch to announce a coverage for over-55 “downsizers” to obtain the one-off stamp responsibility concession of $15,000.
Below the plan, older South Australians transferring out of their dwelling would pay much less stamp responsibility when transferring right into a lesser-value dwelling, with a cap on the concession on properties priced above $1.2m.
Key occasions
Pictures from the opening of Sydney’s Museum of Chinese language in Australia
Some photos from the opening of Sydney’s new Museum of Chinese language in Australia have come by. Right here’s what the occasion seemed like.
The prime minister met lion dancers on the museum’s opening. You possibly can learn concerning the unimaginable effort dancers put in for lunar new yr on this stunning piece from Isabella Lee:
Luca Ittimani
Thanks Natasha Might and howdy readers. I’ll take you thru the remainder of Sunday’s breaking information.
Natasha Might
That is the place I’ll hand over to my colleague Luca Ittimani, who’ll see you thru the remainder of the afternoon.
Melbourne’s Chinatown to obtain $100k as a part of multicultural enterprise grants
In the meantime, in Melbourne, town’s Chinatown may even obtain a lift, after the Victorian authorities introduced $100,000 to help the world’s companies.
Natalie Suleyman, the minister for small enterprise, mentioned the grant to the Melbourne Chinatown Business Affiliation could be used to develop a web site and app to advertise all companies within the space.
It would embody enterprise profiles, interactive maps, occasion data and unique promotions.
This funding is a part of the Labor state authorities’s $17m “Supporting our Multicultural Merchants and Precincts initiative”.
Difficult racism extra necessary than ever, PM says
Albanese mentioned difficult racism was extra necessary than ever as multiculturalism was “underneath problem from some”.
And as we enter the Yr of the Horse, individuals proper throughout Australia are celebrating Chinese language New Yr.
What was as soon as a protect of these with Chinese language heritage [has] superbly burst its banks and proudly taken its place on our Australian calendar.
And at a time the place multiculturalism and our range [is] underneath problem from some, pretending that we are able to go to an Australia that, if it ever was, actually isn’t the case now.
Individuals who don’t acknowledge that, except for First Nations individuals, we’re all both migrants or descendants of migrants, who cowl this nation to make a greater life for themselves, but additionally for his or her youngsters and generations to return.
We have to problem that very instantly when racism raises its hand.
However we additionally have to problem it by our actions, by our deeds, by the optimistic messages, resembling what this exhibits proper right here with this museum.
So I need to thank everybody who saved believing within the museum venture right here.
PM remembers Christmas lunches at museum’s Chinatown location
Albanese nodded to how his family traditions had been tied to the museum’s location in Sydney’s Chinatown:
One of many issues that I properly recall rising up, because it was simply myself and my mom at dwelling – and while you’ve obtained simply two individuals at Christmas, a Christian celebration, in fact, then it’s not a giant group – there’s no level having a giant turkey.
So what we did was to return to one of many shops down right here, and we had duck and pork barbecue was our Christmas meal, each single yr.
And that means, as properly, whoever dropped in and everybody was welcome at our place – that was part of the profit that we had.
Museum of Chinese language in Australia opens in Sydney
The Museum of Chinese in Australia has formally opened in Sydney’s Haymarket, with the prime minister lauding its necessary function in telling “the story about that lengthy and extraordinary historical past of the connection between Chinese language Australians as contributors to our nation”.
In his speech opening the museum earlier in the present day, Anthony Albanese acknowledged the attendance of the minister for social companies and member for Sydney, Tanya Plibersek, in addition to the member for Reid, Sally Sitou, the member for Banks, Zhi Quickly and the member for Barton, Ash Ambihaipahar.
Albanese mentioned it was necessary Australians understood the contribution that individuals of Chinese language descent had made “right here in Australia over a protracted time frame”.
There are Chinese language Australians in each side of Australian life, one thing that enriches our nation and one thing that’s a part of the explanation why we have to inform the story about that lengthy and extraordinary historical past of the connection between Chinese language Australians as contributors to our nation.
… The truest energy of this museum is that it shines a lightweight on people like Gordon Mar and households like Simpson-Lee, who may be overshadowed within the telling of our historical past.
But theirs are all necessary tales. Tales of contribution, of ambition and aspiration, of vitality and arduous work. The sheer dedication to understand a dream and to make a distinction.
And whether or not it’s in hospitality, enterprise, commerce, drugs, science or tradition, that is all of the stuff of nation constructing, and that’s what undermined my underpins the spirit of the Museum of Chinese language in Australia.
The very actual and necessary concept that these tales should not simply value remembering as a result of they remind us of what we have now and revel in as Australians didn’t simply occur of its personal accord.
He additionally nodded to the $2.6m the re-elected Labour authorities supplied for the completion of this museum, in addition to the generosity of the three Pang sisters, who donated $4m.
Highway deaths maintain rising, peak physique warns
Crash fatalities have risen by practically 20% sine 2021, representing a failure within the nationwide technique aiming to halve deaths, the nation’s peak motoring physique is warning.
The 12-month street toll has risen for the 32nd consecutive month, the Australian Car Affiliation’s knowledge exhibits.
Within the 12 months to 31 January 2026, the street toll rose nationally by 0.7% to 1,313 fatalities with fatalities rising significantly sharply in NSW (up 17.3%) and Tasmania (up 36.4%). Managing Director Michael Bradley mentioned:
Because the Nationwide Highway Security Technique 2021-30 started in January 2021, crash fatalities have risen [nationally] by 19.7%.
The technique goals to halve nationwide street fatalities by the last decade to 2030 – however 5 years in, it has as an alternative delivered an ongoing improve in street deaths, the AAA says.
Because the Australian Authorities is presently reviewing the technique, affiliation additionally factors out that three of its 5 headline targets stay unmeasurable. Bradley says:
The place to begin to addressing our worsening street toll is gathering arduous details that assist us perceive what’s inflicting it to rise within the first place.
The AAA is asking on the Commonwealth to increase its powers to conduct no-blame investigations of transport fatalities past aviation, rail, and maritime incidents.
The height medical physique has additionally known as for street security knowledge to be shared so it may be realized from:
New ‘easy-to-understand’ on-line vaccination device displays youngsters’s particular person wants, well being professional says
Persevering with on from that final publish, the well being minister, Ryan Park, mentioned vaccination meant children had been much less more likely to change into significantly unwell.
We all know that vaccination is one of the best factor we are able to do to guard our kids from severe ailments like measles. With a recent spike in the community, it is vital dad and mom are conscious and pro-active with vaccination. Vaccination means children are much less more likely to change into significantly unwell and fewer more likely to want to go to our hospitals.
The performing director of well being safety at NSW Health, Dr Vicky Sheppeard, mentioned:
Delaying vaccines can depart youngsters unprotected throughout necessary levels of growth, so we’re strongly encouraging dad and mom to ebook their youngsters in on the advisable ages. That is when the vaccination works finest.
Even when your little one has a runny nostril or a gentle chilly, don’t delay vaccination. Speak to your physician or nurse to verify your little one is protected as early as potential.
We all know that the majority missed childhood vaccinations in NSW are attributable to delays from parents who are time poor, overwhelmed or confused from the quantity of data on the market, so we wished to create a reliable, easy-to-understand device that displays their little one’s particular person wants.
New customised schedule to help NSW dad and mom with childhood vaccinations
The NSW authorities has in the present day launched a new online tool that permits dad and mom to create a personalized vaccination schedule based mostly on their little one’s date of delivery.
It would present personalised steerage and sensible reminders to assist dad and mom vaccinate their youngsters on time and shield them from severe ailments.
In NSW, greater than 90% of kids are totally immunised, however 95% protection is crucial for “herd immunity”, the place sufficient persons are immune {that a} illness can’t unfold shortly.
The device was knowledgeable by analysis that discovered many dad and mom and carers felt unsure, overwhelmed or uncertain the place to begin when it got here to vaccinating their youngsters.
Households can use the device to robotically add a toddler’s vaccination dates to their dad and mom’ telephone calendar and obtain a reminder one week earlier than the vaccination date, together with a calendar entry on their telephone for the day the vaccination is due.
Specialists say if dad and mom have any questions round vaccination, it’s extra necessary than ever to have a dialog with a well being skilled, as vaccine-preventable ailments like measles are circulating locally as immunisation charges are lowering.
You possibly can learn extra about what a latest survey of oldsters discovered about their attitudes to vaccination right here:
‘Dire’ indicators for Liberals in SA election
The federal Liberal frontbencher James Paterson has conceded subsequent month’s South Australian election can be robust for his get together.
The polling popping out of South Australia could be very dire, and it’s comprehensible on some ranges, given the circumstances, given the problems with earlier opposition leaders on the state stage in South Australia.
Premier Malinauskas is among the hottest state leaders in our nation, however I’ve obtained to pay immense credit score and respect to Ashton Hurn for the best way by which she has stood up in essentially the most tough circumstances.
The South Australian election can be held on Saturday, 21 March.
– AAP
South Australian ‘empty nesters’ to get stamp responsibility windfall in $70m pledge
The South Australian Labor get together is proposing to offer “empty nesters” an enormous stamp responsibility saving of greater than $100,000 to encourage them to commerce their massive household properties for smaller dwellings, AAP experiences.
The transfer goals to liberate essential housing inventory for rising households.
The overall stamp responsibility abolition would apply to individuals aged 60 or over shopping for a smaller, newly constructed dwelling or off-the-plan condominium value as much as $2m, saving eligible South Australians as much as $103,830.
The exemption can solely be accessed as soon as.
The state’s premier, Peter Malinauskas, introduced the election pledge this morning, saying if his get together was re-elected, the plan would stimulate housing progress and assist liberate bigger properties for households.
Below the scheme, individuals buying a $1m dwelling after promoting their bigger dwelling would obtain a full stamp responsibility concession value $48,830. That might improve to $76,330 for a $1.5m dwelling, whereas a most concession of $103,830 would apply to a $2m dwelling.
The announcement comes a day after the federal government formally entered caretaker mode, with Malinauskas and his deputy, Kyam Maher, visiting Authorities Home on Saturday morning to formally begin the state election marketing campaign.
Malinauskas mentioned:
Our plan to abolish stamp responsibility for downsizers is particularly calibrated to extend housing provide, whereas additionally liberating up bigger properties for households.
By abolishing stamp responsibility, we’re providing an actual incentive to older South Australians to downsize … Below our plan, seniors can save greater than $100,000, in contrast with $15,000 underneath the Liberals.
Below Labor’s proposed coverage, candidates for the stamp responsibility low cost must be 60 or older; be shopping for a brand new or off-the-plan dwelling to dwell in that’s smaller than their current dwelling; and promoting their current principal place of residence.
The state’s Liberal chief, Ashton Hurn, used her get together’s election marketing campaign launch to announce a coverage for over-55 “downsizers” to obtain the one-off stamp responsibility concession of $15,000.
Below the plan, older South Australians transferring out of their dwelling would pay much less stamp responsibility when transferring right into a lesser-value dwelling, with a cap on the concession on properties priced above $1.2m.
Sarah Basford Canales
PM cautions politicians on divisive rhetoric
Anthony Albanese has warned politicians in opposition to utilizing concern to divide individuals amid an increase in anti-immigration sentiment in components of Australia.
In an interview with Sky Information aired this morning, the prime minister mentioned it was necessary leaders labored to carry the group collectively fairly than divide it.
Albanese mentioned:
It’s necessary that individuals in positions of authority, together with politicians, promote social cohesion … fairly than search to achieve political profit by opportunistically attempting to divide individuals and attempting to boost concern.
When requested whether or not immigration legal guidelines ought to be tightened to restrict who enters the nation on a visa, he mentioned Australia already had “tight checks”.
That is one thing that politicians shouldn’t be allowed to say … issues that they know isn’t true.
As a result of they know full properly that we have now checks on migration on this nation and that we have now checks on visas.
