The budget killed my daughter’s property plan. Here’s what we’ll do instead
A July 2026 budget change has disrupted plans for young buyers, notably impacting a 22-year-old's goal of entering the property market. New regulations eliminate rental loss offsets against income, reducing her borrowing capacity from $700,000 to $550,000. This shift adds uncertainty to future property investments, which previously thrived under older tax incentives.
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Published 10 Jul 2026, 19:01 UTC · Updated 10 Jul 2026, 19:10 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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