Certainty for Real Estate
On 24 April 2016, the Liberal Government released the following Media Release: “The Turnbull Government will be not be making changes to negative gearing or capital gains tax policy in the May 3 budget. Labor’s housing tax plan will deliver a reckless trifecta of lower home values, higher rents and less investment. Labor’s proposal to increase […]
Potential Changes to Negative Gearing Looming
With the Federal election looming in September, both major parties have signalled policy changes to negative gearing. It goes without saying that changing the access to negative gearing is likely to have an impact on property sales, values and trends. While each party’s policies fundamentally differ, we must reiterate that they are still in their draft form […]