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Navigating the property market ahead of Australia’s federal election
In this episode of The Smart Property Investment Show, Phil Tarrant and Liam Garman dive into what lies ahead in the property market as the federal election approaches.
Liam and Phil discuss Australia’s current political landscape, the upcoming federal election on 3 May, and the federal budget which has disappointed many in the property sector due to its lack of substantial initiatives and its potential impact on the market.
Despite the government’s target to build 1.2 million homes by 2029, progress remains behind schedule, and the budget’s policies, such as the controversial 20 per cent cut on HECS debt, have sparked significant debate.
The show also delves into the broader economic context, examining rising interest rates, inflation, and the Reserve Bank’s cautious stance, all of which further complicate the landscape for property investors.
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