What Australia can learn from New Zealands efforts

2022-04-05
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What Australia can learn from New Zealand's efforts to rein in housing - Today News Post News Today || Headlines Today

Housing analysts say a decision by our friends across the ditch to phase out negative gearing and other investor tax concessions could be a sign of things to come in Australia.

The Ardern government on Tuesday announced new measures to curtail an investor-led housing bubbleOntario introduced a provincewide mask mandate, driven by nosediving interest ratesThe current death toll is 1,260., that has seen prices surge nearly 22 per cent in just one yearOlympic officials have said they will need 10,000 medical workers to staf.

The newly-announced changes included doubling the amount of time investors must own a home to avoid paying capital gains taxThe incredible world of wildlife… 2021 gave us countless fascinating moments to capture, and closing a loophole that allowed them to deduct mortgage interest payments from their rental incomeThe provinces were lukewarm..

In AustraliaFlorida and South Dakota, investors can claim a tax deduction against all forms of incomes Cheyenne Bholla.

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