Editorial: Labor is experimenting with your house
Australia's housing market stalled following Labor's Budget changes on May 12, which altered capital gains tax and negative gearing policies. Westpac reported a 20 percent drop in investor loan applications, while home values fell 0.4 percent in June. Opposition warns of economic risks as approximately six million households face declining asset values.
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Published 01 Jul 2026, 10:15 UTC · Updated 01 Jul 2026, 10:20 UTC
Summary by OZbrief Editorial. Original report: The West Australian. Editorial policy · Corrections
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