RBA rings alarm on high debt levels
Risks to financial stability could be building as house prices and debt levels keep rising, the Reserve Bank has caution...
In this special episode of the Smart Property Investment Show direct from Canberra following the budget, host Phil Tarrant is joined by the IPA’s Tony Greco, general manager of technical policy to discuss what was in the budget for property investors, as well as the political discourse around negative gearing from the major parties.
Speaking after the IPA’s budget breakfast event, Phil and Tony take a look into the budget and explain what policy decisions mean good news for property prices, looking at both the direct and indirect measures.
They also both explore the Labor government’s proposal to change negative gearing and capital gains tax and how this topic has evolved over the last week, what property investors can do to get ready for these potential changes, as well as revealing Labor’s true strategy behind the policy.
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If you have any questions about what you heard today, any topics of interest you have in mind, or if you’d like to lend your voice to the show, email [email protected] for more insights!
Budget is defined as the estimation of expenses made over a specified time for the purchase of goods or services.
Property refers to either a tangible or intangible item that an individual or business has legal rights or ownership of, such as houses, cars, stocks or bond certificates.