7 News – Business
·business
·1 hour ago
No ‘deadline to beat’: Expert cautions against panic-selling investment properties as tax
Financial experts are urging Australians not to panic as confusion grows over major changes to negative gearing and capital gains tax , with many investors mistakenly believing they need to sell before the new rules take effect. Under the proposed reforms, negative gearing will be restricted to newly built investment properties from 2027-2028 in an effort to boost housing supply.
Summary by Glance · 7 News – Business
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