Forget property: Here’s where Aussies are pouring $7 billion a month
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Australians are shifting their financial focus toward market investments. This trend comes as property investing becomes less appealing. Changes to tax breaks and negative gearing have reduced the attraction of real estate. As a result, investors are moving large sums of money into other markets. These investments now total 7 billion dollars per month.
As the shine comes off property investing thanks to changes to negative gearing and tax breaks, market investments are looking more attractive.