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Budget won't be to blame if house prices fall, housing minister says

Budget won't be to blame if house prices fall, housing minister says Sun 31 May 2026 at 10:52am In short: Clare O'Neil says suggestions the government's proposed tax changes could knock 10 per cent off the price of homes are overblown, and Treasury expects only a "mild" impact on price growth. The housing minister says if prices did fall sharply, it would not be due to the proposed changes to negative gearing and capital gains tax. The government is consulting on its proposed tax changes,...

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Debate over house prices 'invokes terror' in politicians

Falling house prices would ease inflation but politicians find the question much more complicated Fri 5 Jun 2026 at 6:33am In short: Politicians have hesitated to weigh in on whether it would be good or bad if prices fell. One economist says house prices falling will ease inflation but would upset many voters. The government has passed its budget tax reforms through the House of Representatives, but will need the support of the Greens to pass them in the Senate.

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