1
rich
Libsyn
https://www.libsyn.com
90
600
Labor's Budget Is Making Australia's Housing Crisis WORSE - Senator Andrew Bragg Explains Why
It doesn’t matter whether you own an investment property, whether you’re renting, or whether you’re desperately trying to buy your first home. This Federal Budget has just made your situation harder.   If you’re a tenant, rents are already punishing. Vacancy rates are near record lows, and there simply aren’t enough rentals to go around. The tax changes will lightly push rents even higher. If you’re trying to buy your first home, you’re already fighting a market that has taken the average deposit savings time out to over 11 years. The budget does nothing to fix the supply shortage that is keeping prices out of reach.   And if you’re a property investor, the rules you planned around have just been rewritten mid-game.   What connects all three groups is this: Australia has a housing crisis that is fundamentally a supply problem, and the government is responding with a tax policy that does nothing to build a single new home.   In today's show, I speak with Senator Andrew Bragg, the Shadow Minister for Housing and Homelessness, who has been one of the most outspoken voices in Parliament on exactly this point.   By the time you finish this episode, you’ll understand why these negative gearing and capital gains tax changes are going to hurt renters, first-home buyers, and investors alike, and what a genuine housing solution actually needs to look like. Join us as we uncover strategies for navigating the current property market landscape.   Takeaways  • Australia's housing crisis is primarily due to a shortage of supply. • Recent budget changes may increase financial pressure on renters and buyers. • Negative gearing reforms could discourage small investors from entering the market. • Capital gains tax changes might affect long-term investment strategies. • Migration policies need to align with housing supply to stabilise prices. • Superfunds becoming landlords could reshape the rental market landscape. • Strategic planning is crucial to avoid reactionary investment decisions. • Building more homes is essential to address affordability issues. • Government policies should focus on both demand and supply sides. • Understanding market fundamentals helps in making informed investment choices.   Links and Resources:   Answer this week’s trivia question here - https://www.propertytrivia.com.au/ ·        Win a hard copy of Negotiate Influence Persuade. ·        Everyone wins a copy of a fully updated property report.   Michael Yardney   Get the team at Metropole to help build your personal Strategic Property Plan. Click here and have a chat with us.     Senator Andrew Bragg - https://www.andrewbragg.com/   Get a bundle of free reports and eBooks: www.PodcastBonus.com.au   Also, please subscribe to my other podcast, Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future.   About The Michael Yardney Podcast | Property Investment And Wealth Creation  Australia   The Michael Yardney Podcast is one of Australia’s leading property investment podcasts, helping investors understand the Australian property market and build long-term wealth through strategic property investing.   Each week, we explore: • Australian property market updates• Property investment strategies in Australia• Melbourne property market trends• Sydney property market forecasts• Brisbane property investment opportunities• Capital growth property strategies• Property cycles in Australia• Negative gearing and tax strategy• Interest rates and their impact on property• Buyer’s agent insights and investment planning   If you’re serious about building a high-performance property portfolio and creating financial freedom through real estate, this podcast will give you the clarity and strategy you need.   Learn more at:https://propertyupdate.com.auhttps://metropole.com.au
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast
https://michaelyardneypodcast.com.au
<iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/41416260/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe>
https://assets.libsyn.com/secure/content/202286345