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Federal Budget inadvertently creates boom conditions for property investors

By refusing to make any major changes that will shift the dial on the housing crisis, the government has unwittingly guaranteed that property prices will keep rising, argues a leading national commentator.

Steve Douglas, Executive Chairman, SMATS Group, in office setting
With the Federal Budget doing little to alter the trajectory of Australia's housing supply shortage property prices will continue to rise, asserts Steve Douglas, Executive Chairman, SMATS Group (Image source: SMATS Group)

A leading national commentator says the government has unintentionally created boom conditions for property investors.

By failing to make any significant structural changes that will address the lack of housing supply, Steve Douglas

, Chairman of SMATS Group and Managing Director of Australasian Taxation Services and, said the next few years would deliver those getting into the property market now with years of strong gains. …

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