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BUSINESS

The young and the homeless  

The young and the homelessThe pricey housing market is locking many Gen Yers (and Gen Xers!) out of buying their first home. According to official property figures from HIA, the average home loan rose from by $100,000 to the current $425,000 in the last three years. If you needed a total income of $72,000 back in 2005, you now need to be earning at least $112,000 to afford a decent place.

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BUSINESS

Dos and don’ts of property deductions  

Dos and don'ts of property deductionsYou’ve bought your first investment property, now it’s time to sort out your books. MICHELLE BALTAZAR writes what you can claim from the taxman

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