Aug 12, 2026 – 10.22amTreasurer Jim Chalmers says he expects property prices to grow over the next couple of years, sticking by official Treasury forecasts, even as private sector economists slash their outlook for the housing market as the downturn deepens.Chalmers also admitted “policy changes” were among several factors weighing on the housing market, alongside economic conditions and interest rates, but stopped short of pointing to the government’s tax changes in the May budget.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Property prices will grow over the next two years: Chalmers
Jim Chalmers stuck by official Treasury forecasts, even as private sector economists slash their outlook for the housing market as the downturn deepens.
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