The Age
·general
·1 hour ago
Victoria urged to follow Canberra’s lead in property tax overhaul
Property experts urge Victoria to follow the federal government's tax overhaul by easing its own levies on investors and developers. The reforms ending negative gearing on existing properties won't solve Victoria's acute housing supply crisis, says analyst Richard Temlett, who warns of potential investor exodus without state action. Victoria is 25,000 homes short of its 80,000-unit annual target.
Summary by Glance · The Age
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