Property investors urged to stay calm as Budget reshapes the tax landscape
Leading property strategist Steve Douglas says Australia’s Federal Budget changes could alter how investors buy, hold and structure property assets, but warns against panic selling or knee-jerk decisions while the full impact of the reforms is still unfolding.
SMATS Group's Steve Douglas (left) has questioned whether Treasurer Jim Chalmers and Prime Minister Anthony Albanese have struck the right balance in relation to housing supply and property investment. (Image source: Shutterstock.com and API Magazine)
Australia’s Federal Budget has triggered one of the biggest shake-ups to property taxation in decades, prompting concern among investors, homeowners and advisers alike.
But amid the political noise surrounding negative gearing, capital gains tax and trust reforms, one message is increasingly emerging from experienced industry figures: don’t panic.
According to Steve Douglas, Executive Chairman, SMATS Group, the reforms represent a significant s…
