Episode Details

Australias federal budget introduces reforms to negative gearing and capital gains tax, aiming to cool the housing market and boost first-time buyers. However, economists warn of potential rent hikes, especially in tight markets like Perth, Brisbane, and Sydney. Experts like Nerida Conisbee and Nicola Powell predict a shift from high house growth to sky-high rents, with investors potentially pulling back and reducing rental supply. Local voices in Blacktown and Brisbane express concerns about increased costs for low-income renters. The changes aim for fairness but could exacerbate the housing shortage and push up rents.

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