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Tax changes to permanently alter house price levels
Worsening sentiment is combining with longer-term policy changes to deepen the decline, as treasurer Jim Chalmers acknowledges the tax change’s role in the property downturn.
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smh.com.au
Chalmers admits tax reforms helped drag down house prices
The Australian economy grew by 0.4 per cent in the June quarter as consumers spent more on electric vehicles as they deal with the fallout from the war against Iran.
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afr.com
HSBC tips 13pc house price decline on more interest rate rises
Tax changes are also contributing to the downtown as Treasurer Jim Chalmers defends budget forecasts that predicted a 2 per cent drop in prices.
