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The Dark Side of the Boom – With Gain Comes Pain

Peter Raptis

More than likely, many real estate agents across Australia breathed a sigh of relief late on Federal Election night, 18 May. Regardless of one's political leaning or preference, any new taxes, particular property related ones, never bode well for the property market. Changes to negative gearing, capital gains tax, franking credits and a possible death duty on property would no doubt have already affected the declining property markets across Australia.



Peter Raptis, LMW
BiziNet Magazine #97 - Jul/Aug 2019

 


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