Australia Housing

Labor’s ambitieuze en politiek risicovolle belastinghervorming is bedoeld om starters te helpen en intergenerationele rechtvaardigheid te bevorderen

Advertised prices for new rental listings rising at fastest pace since October 2024. Follow updates Get our breaking news email, free app or daily news podcastAustralia’s housing market is at its slowest for almost 18 months as buyers stick to cheaper properties and abandon interest in the top end of the market.Figures today from the data firm Cotality show Melbourne and Sydney house prices fell 0.6% in April. Melbourne’s home values have now fallen 1.9% since November, with Sydney’s down 1%. Continue reading...

Exclusive: Capital gains tax discount and negative gearing rules created ‘extra artificial incentive’ for property speculation, the e61 Institute has foundGet our breaking news email, free app or daily news podcastThe combination of the capital gains tax discount and negative gearing rules has turbocharged debt-fuelled property speculation over recent decades, according to a new analysis of hundreds of thousands of property investments.The federal budget in three weeks’ time is widely expected to include changes to tax breaks for investors, in an effort to rebalance the tax system away from the wealthiest Australians and to take pressure off home prices. Continue reading...