u/According-Length9312 — reddlx

CGT change will increase business investment costs: RBA analysis

RBA Governor, Michele Bullock, explicitly stated during the July Q&A that Australia’s weak productivity is linked to insufficient business investment. She said Australia needs more business investment.

And now the RBA comes out and says the new CGT changes are going to worsen business investment. This is going to make our productivity suffer even more.

Australia needs more business investment to help our ailing productivity and increasing taxes on businesses and productive investments isn’t the answer.

Our real wages will continue to stagnate and COL crisis progressively worse with this change.

afr.com

u/According-Length9312 — 16 hours ago

▲ 134 r/AusPropertyChat+1 crossposts

New home builds are plummeting, thoughts on house prices?

Metricon (Australia’s biggest residential home builder) says its sales have fallen 40% in some markets compared with the first half of the year.

The new tax changes have had the opposite effect to encouraging new supply.

Do you think prices will rise back up after this transitional dip period?

https://www.afr.com/property/residential/big-developers-fear-property-slump-is-slowing-home-construction-20260813-p60o2e

u/According-Length9312 — 3 days ago

▲ 1 r/AusPropertyChat

Pre-settlement inspection for backyard?

We have a pre settlement inspection for vacant possession of a house in VIC.

Does the seller need to maintain the backyard in a similar manner as when we signed the contract? Or are they allowed to let everything be overgrown (grass and plants)?

It looks like the inspection is only for the physical building but I’m not too sure. They have quite a busy backyard with lots of plants.

reddit.com

u/According-Length9312 — 1 month ago