Australian housing was already cooling before the budget – but how cold it gets depends on two key factors

AI Summary

Most economists believe the chronic undersupply of homes will eventually push prices higher once interest rates ease and the tax changes are priced in Get our breaking news email, free app or daily news podcast The government’s property tax changes have become one of the defining political issues of Labor’s second term, drawing fierce criticism from opponents who argue they represent an “assault on aspiration” that will destroy home values. Newsiline summarises this report from The Guardian Australia and links readers to the original publisher for the full story.

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