Will housing reforms make a difference? Migrants weigh in

Australia's federal budget housing reforms drew mixed reactions from migrant communities. The changes restrict negative gearing and eliminate capital gains tax discounts for existing investment properties from 2027, aiming to create 75,000 new homeowners and lower rents. Some investors plan to sell properties beforehand despite losses, while renters like Indonesian student Rosa Dhayan worry reforms could increase their costs.

Summary by Glance · ABC News – Australia