Property tax reforms projected to cut A$1.3 trillion from Australian household wealth
Modelling projects Australia's property tax reforms could cut household wealth by A$1.3 trillion.
Modelling projects Australia's property tax reforms could cut household wealth by A$1.3 trillion.
Australia's Resident Return Visa fee rose 201% to A$1,475 on 1 July.
Australia will replace its 50% capital gains tax discount with a 30% floor from 2027, with a bank warning rents could rise up to 30%.
New loans to Australian property investors fell more than 10% in Q2 2026 after May's tax change, hitting Sydney and Melbourne hardest.
ANZ forecasts capital-city home prices down at least 5%, Sydney 14.5%. The RBA held at 4.35% and says a further rise is possible. Two different questions, separated.
The RBA left its cash rate at 4.35% on 11 August in a unanimous decision, and said it may raise further if upside risks materialise.
Westpac Banking Corp shares fell 5.14% to A$35.98 on Monday, sharply underperforming the broader market, after the lender reported a sharp drop in mor…
In the space of a single week, Australia's property industry has been warned of a multibillion-dollar tax-compliance bill, watched apartment developer…
New South Wales' Parliament has passed the Fair Trading and Building Legislation Amendment Bill 2026, letting eligible developers satisfy their statut…
Property advisory firm Charter Keck Cramer says the Albanese Government's May Budget tax changes — covering negative gearing, capital gains tax treatm…
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