Will property tax changes level the playing field or raise the drawbridge?

Australia's government restricted negative gearing and wound back capital gains tax discounts on May 12, aiming to help first-home buyers compete with investors. The changes take effect July 1, 2025, but grandfather existing investors to prevent market disruption. Treasury estimates the reforms will add 75,000 owner-occupiers over a decade, reversing years of declining homeownership rates among young Australians.

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