Ep. 47 A Recap of the 2019 Federal Election
This week, we take a look at the election results and how the coalition’s unexpected win may affect both property prices, as well as potential tax changes in the year ahead.
HERE’S WHAT YOU’LL LEARN FROM TODAY’S EPISODE:
ALP’s plan to abolish negative gearing benefits aside from new properties;
Capital Gains Tax discounts were to be reduced;
People in the property industry’s view on these proposed changes;
Now the Coalition has retained power, the scrapping of those proposals;
A potential new first home loan deposit scheme;
Economists’ views on how a coalition government would affect both rental and sale prices in the 3 years ahead;
Hot off the press information around APRA reviewing assessment rates; And
Much More.
LINKS OR ARTICLES WE MENTIONED:
https://sqmresearch.com.au/
SPEAKERS IN TODAY’S EPISODE
Michelle May - Sydney Buyers Agent
Marcus Roberts - Mortgage Broker
ASK US ANYTHING!
Have a money question you want us to answer? ask@sydneypropertyinsider.com.au
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Please note that any views or opinions presented in this podcast are solely those of the speakers, and do not necessarily represent those of any business. These views and opinions are general in nature, and do not take account of your personal objectives, financial situation and needs. Please consider whether it applies in your circumstances and seek professional advice wherever appropriate.