Labor’s property shake-up is going exactly to plan
The Albanese government wanted to turn down the temperature on Australia’s housing market and help young people get a foot on the property ladder. But just months after Labor’s property tax shake-up, home values are crashing, investors are running scared, and taxpayers are underwriting billions of dollars of debt. So, was this all part of the plan?
The Australian’s political editor Geoff Chambers is here.
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Sydney and Melbourne lead property slump as investor confidence…
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