The Turnbull-Morrison federal budget could wipe out many property owners who are hanging on to their investment properties in the Townsville district by the skin of their teeth, enduring sustained cash flow and equity declines over the past 5 years. Not to mention the property owners (investors and owner-occupiers) whose fate
Tag: negative gearing
Botched media coverage or Turnbull spin?; negative gearing in federal budget
Now that the fine print of the Turnbull-Morrison federal budget has been digested, the real extent of the damage likely to impact property investors can be brought to light for full consideration. Even though the Turnbull government must negotiate the Federal Budget Bill through the Senate, the nominal federal budget measures
Real truth about negative gearing changes in Morrison federal budget
The federal budget captured the concerns about housing affordability, particularly in the capital city markets, so it was inevitable that the volume of measures that were announced would substantially impact the housing sector. Essentially, the policy announced can be divided into supply and demand perspectives so Townsville investors and owner occupiers