Australian Bank Forecasts Larger Home Price Drop from Budget Tax Changes

Commonwealth Bank economists anticipate a 5% reduction in home prices due to new tax changes introduced in the budget, which is more than double the Treasury's forecast of 2%.

3 Jun, 20:25 — 3 Jun, 20:25

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The GuardianMostly Factual8h ago

Australia politics live: bank expects home price reduction from budget to be more than twice government forecast

Commonwealth Bank economists expect 5% drag on home prices from tax changes, compared with Treasury forecast of 2%. Follow today’s news live Get our breaking news email, free app or daily news podcast Good morning and welcome to our live politics blog. I’m Martin Farrer with the top overnight stories and then it will be Krishani Dhanji with the main action. Australia’s youngest convicted murderer has been sent back to jail after a judge found him to have had complete disregard for his relea...

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Australian Bank Forecasts Larger Home Price Drop from Budget Tax Changes

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Australia politics live: bank expects home price reduction from budget to be more than twice government forecast

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