Becton's 2011 financial year looks promising with $131m in unconditional sales expected in the first 4 months through retirement and development projects. In their Annual General Meeting (AGM), Michael Chunn, CEO said Becton had "record first time sales and re-sales totalling $76m" in the retirement sector with approximately 13 sales per month and occupancy at around 98%.
ATO plans to charge GST on manufactured home parks scrapped
A concerted effort by the Residents Association of manufactured home parks has headed off the ATO which had planned to impose GST in mobile homes. This would have added 10% to the cost of the purchase of a home