A shift to commercial property may have just accelerated
Labor's Budget set out to cool residential property investment but for investors willing to step back, it may have pointed the way to a more compelling opportunity.
Unlike residential property, which is frequently negatively geared in the early years, commercial assets are generally structured to generate immediate income. (Image source: BearFotos/Shutterstock.com)
Weeks on from the Federal Budget announcement, the initial noise is beginning to settle. The headlines have been written, and property investors are now doing what they should be doing, taking a breath and thinking clearly about what the changes mean for them.
Most of the conversation has understandably focused on what investors stand to lose.
Capital gains tax (CGT) on new acquisitions could be lower or higher, depending on the growth rate and…
