Property News · June 18, 2019

Australia’s property market has the right catalysts for a rebound: record low interest rates and investor-friendly government


Record low interest rates and the re-election of a business friendly government will provide a boost to a slumping Australian property market, according to market observers. This month the Reserve Bank of Australia embarked on its first rate cut in three years, slashing the cash rate to a historic low of 1.25 per cent. The surprise re-election of the Liberal/National Coalition, which means a retention of the current investor-friendly policy on capital gains tax and negative gearing, is also…

Source : South China Morning Post
Read more…Australia’s property market has the right catalysts for a rebound: record low interest rates and investor-friendly government

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