"Labor's negative gearing policy would cost the budget $32 billion"
Proposals to limit negative gearing and reduce capital gains tax concessions will cost the ALP a staggering $32 billion in just 10 years, according to research by the Property Investment Professionals of Australia (PIPA).
This is what the banking royal commission means for buyers
Property analysts warned the banking royal commission could make it even harder for would-be homebuyers to get a loan. In the wake of the report, it appears buyers will still have to jump through hoops to get a home loan, but the process appears unlikely to get harder.
Banking royal commission findings: no directive to further tighten lending
The royal commission final report, handed down on Monday, did not recommend banks further tighten their lending practices, with the desired outcome on lending having already been met.
A third of first home buyers opting for investment property over first home, report reveals
One-third of first home buyers are choosing to purchase an investment property rather than a first home to move into, new research from the Property Investment Professionals of Australia has revealed.