SBS News – Australia
·australia
·1 hour ago
Why the budget might not 'shift the dial' on home ownership
Australia's 2026-27 budget limits negative gearing to new builds and changes capital gains tax concessions to help first home buyers. Treasury estimates house price growth will moderate to 4 percent instead of 6 percent annually. Critics including EY Chief Economist Cherelle Murphy argue the reforms won't significantly improve housing affordability for first time purchasers.
Summary by Glance · SBS News – Australia
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