How investors swamped first home buyers in NSW
Investor lending in New South Wales surged to $59 billion in March, dwarfing first home buyer loans of $19 billion by $40 billion. The growth followed the capital gains tax discount introduced in 1999, which boosted investor activity. Recent tax reforms aim to balance the market, yet buyer sentiment remains low amid rising interest rates and economic tensions.
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Published 05 Jul 2026, 19:00 UTC · Updated 05 Jul 2026, 19:20 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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