Minister denies housing price slump is being driven by property tax changes
On June 24, Housing Minister Clare O'Neil rejected claims that proposed tax changes are driving a housing price slump. She characterized the current market as experiencing a ‘correction,’ with auction clearance rates dropping below 50 percent. Despite the government's reforms aimed at helping first-home buyers, significant improvements in affordability are not expected before the next federal election.
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Summary by OZbrief Editorial · ABC News – Top stories · Source
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Published 24 Jun 2026, 04:54 UTC · Updated 24 Jun 2026, 05:00 UTC
Summary by OZbrief Editorial. Original report: ABC News – Top stories. Editorial policy · Corrections
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