BUSINESS conditions rose for the fourth straight quarter in the three months to March, reaching their highest level since late 2007. The actual composite index of the Australian Chamber of Commerce and Industry (ACCI)-Westpac survey of industrial trends rose 6.3 points to 56.7 in the March quarter. The index is above the average for the decade of 52.0 for the first time since mid-2008. Westpac senior economist Anthony Thompson said "It's pointing to a strong acceleration through this year."
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