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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.

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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.

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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.

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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.

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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.

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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.

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