Repeal budget tax changes now to avoid housing supply crash: Coalition

smh.com.au · economy
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The Coalition is demanding that tax changes announced in the budget be repealed now to head off a crash in housing supply. Its argument is that the changes need to be reversed immediately to avoid damage to the delivery of new homes. Property analysts have described the combination as a perfect storm, according to the report. In their view, that mix would make many new housing developments unprofitable.

Property analysts have described the combination as a “perfect storm” that would make many new housing developments unprofitable.

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