Are record property prices on the way (again)?
On the back of ongoing tax concessions primarily benefitting the wealthiest and the government’s five per cent deposit scheme for first home buyers, Australia has just broken a new record for average home loan size. On this episode of Dollars & Sense, Greg and Elinor discuss the persistent rumours of changes to the capital gains tax discount, why government spending isn’t to blame for the latest inflation increase, and the impact of the federal government’s five per cent deposit scheme on lending figures (and don’t discuss wages as promised last week, cus Greg…
The skinny
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