ARC and Zig Inge sell up and out in Victoria. ARC with 17 villages was bought by Stockland and Zig Inge with 17 villages plus 8 development sites was purchased jointly by FKP (Aveo) and Macquarie.
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