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Property industry confidence climbed by 13 index points, reversing a year of decline, according to the latest ANZ/Property Council Survey for the September quarter.
Property investors are prone to commit tax errors, such as over-claiming on interest, claiming capital works as repairs, and failure to keep the right records.
New home sales recovered from lacklustre results over the first four months of 2019 in May, hitting their highest monthly level in over a year.