SMH
·general
·1 hour ago
Property investor lending hit a decade high. Now that’s about to change
Investor lending reached its highest share of home loans in nearly a decade at 40.3 percent in the March quarter, according to Australian Bureau of Statistics data released Wednesday. The federal budget announced Tuesday aims to level the playing field by limiting negative gearing tax breaks to newly built properties and scrapping capital gains tax discounts.
Summary by Glance · SMH
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