Budget under fire as economist warns of housing fallout
"The economist claims this to be one of the worst budget in decades. Our team of specialists believe that SMSF is still a property safe haven that investors can may be able to turn to."
"The economist claims this to be one of the worst budget in decades. Our team of specialists believe that SMSF is still a property safe haven that investors can may be able to turn to."
Last night's federal budget delivered the biggest shake-up to property investment in three decades. From 1 July 2027, negative gearing on established residential property purchased after 7:30pm on 12 May 2026 will no longer be available against personal income. Capital gains tax (CGT) concessions are tightening too, with the 50% discount replaced by an indexation-based regime and a 30% minimum effective rate.
"Rents have surged 43.9% over five years, significantly outpacing wage growth at just 17.5%, creating unprecedented affordability challenges for renters."
"Australia's inflation remains high, prompting predictions of a third cash rate hike. Borrowers face increased repayments amid rising oil prices." - Harry Bailey, Finance Manager
"Australia's property market sees rising wealth amid potential risks, including interest rate hikes and geopolitical tensions, which may impact future growth." - Alex Kenward, Finance Manager
"Investors are driving intense mortgage competition, but housing affordability has reached record lows, making it tougher for first home buyers and renters." - Alex Kenward, Finance Manager
"Learn five crucial property management lessons to avoid common pitfalls and ensure your investment success." - Michael Jones, Senior Financial Strategist
"Investor lending surged to record highs in September, driven by favourable market conditions and falling borrowing costs, signalling a strong return of property investors to the market." - Michael Jones, Senior Financial Strategist
"Brisbane is no longer the smaller city to look at for affordability, rewarding those who invested early." - Elisha Mapusua, Finance Manager