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Don't quote me on it, but I believe it is a tax credit, not a tax rebate, so you will get it back as a refund if it is more than the amount of tax you pay.

What is NR and VA? What document does Clause 2(1)(a-d) refer to? Presumably this is explained in the agreement you signed with the NRAS approved applicant. With NRAS more than anything, thorough DD is required to make sure the developer is not left holding all the trumps, but I believe that the...

I spoke with an NRAS approved applicant here in Queensland and the upfront costs were less than $6k and around $4k when you get up to 10 dwellings. The ongoing costs were about $500 per year. I calculated a conservative estimate of the net present value of the NRAS allocation after costs and...