Glossary Metropolitan governance Metropolitan governance refers to the processes and arrangements between state and local government and other stakeholders to plan and manage metropolitan regions. In Australia, the organisational structures to manage issues, including environment, infrastructure and planning, vary between the metropolitan regions. view details
Glossary Mixed-use development A development integrating multiple purposes for a place. Mixed-use developments often include commercial and residential uses in combination with spaces for leisure and other activities. view details
Glossary Mortgage A secured loan used by a borrower to buy a property. Typically a mortgage loan is repaid over a number of years to repay both the capital cost (i.e. the actual money paid for the property) and the interest on the loan. The deed of ownership for the property is held by the entity that provided the loan until the loan (including all interest) is fully repaid. view details
Glossary Mum-and-dad investor A term used to describe small-scale, non-professional investors. view details
Glossary Native title The recognition that Aboriginal and Torres Strait Islander people have rights and interests to land and waters according to their traditional law and customs as set out in Australian Law. Native title is not a grant or right created by governments. Native Title is governed by the Native Title Act 1993. view details
Glossary NDIS National Disability Insurance Scheme – a Commonwealth Government scheme that provides support funding to eligible people with disability to improve their quality of life. It can include help with household tasks and home modification design to allow the participant to maintain and remain in their home environment. view details
Glossary Negative gearing The process whereby a property investor can deduct their property expenses (e.g. the interest on the loan required to buy the property, depreciation costs, land taxes, rates and maintenance costs) from both the income they receive as rent from the property and from other sources of income (e.g. their salary or other non-housing investments), thereby reducing their overall tax liability. The actual purchase cost of the property is not claimable for negative gearing purposes. view details
Glossary Newstart Newstart was a Commonwealth Government income support payment for people looking for work or who were unable to do usual work or study while they recovered from a temporary sickness or injury. On 20 March 2020 Newstart was replaced with JobSeeker Payment. See income support view details
