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Business & Finance

Property prices may drop but it’s decades of policy failure, not the budget, to blame

The Guardian World Monday 01 June 2026, 15:00 UTC By Jonathan Barrett 1 min read
Key Points

Instead of relying on tax-enhanced speculation, investors must now look at established properties based on actual profitability – leaving space for first home buyers Get our breaking news email, free app or daily news podcastFor decades, Australia’s property market has been defined by relentless price rises, reinforcing the old adage that real estate investment is “as safe as houses”. There’s now a wrinkle in that wisdom.

Instead of relying on tax-enhanced speculation, investors must now look at established properties based on actual profitability – leaving space for first home buyers

For decades, Australia’s property market has been defined by relentless price rises, reinforcing the old adage that real estate investment is “as safe as houses”.

There’s now a wrinkle in that wisdom.

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Originally published by The Guardian World Read original →

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