What might interest deductibility changes mean for the property market?
Listen now
Description
Property investors are set to benefit from changes to interest deductibility rules, which will kick in at the end of this month. The Government is reversing changes that were implemented under the previous regime, which meant interest costs could no longer be considered an expense come tax return time. What might that mean for prospective investors, and with less headwinds will the housing market take off again?
More Episodes
Global politics are in the spotlight this week, with a presidential election in Mexico, elections for the European parliament to be held on June 6-9, and India's six-week long national election in its final phase. In the US, all eyes will be on Friday's jobs report in the lead up to next week’s...
Published 06/01/24
Published 06/01/24
The Reserve Bank left the Official Cash Rate unchanged last week, and it's forecast track suggests there will be no respite for borrowers until next year, even though the economy is slowing more than expected, unemployment is rising more quickly and inflation has fallen to the lowest level in...
Published 05/28/24