How Labor’s budget hit the brakes on Australia’s housing market (opens in new tab)

Economists believe home values are set for their first national slump since 2022, though Australia’s persistent housing shortage means any fall would be short termGet our breaking news email, free app or daily news podcastSteph Thomas rarely hears from homebuyers looking to pull out mid-purchase. Four rang up the mortgage broker after the government curbed investor tax breaks in last week’s budget.Two were investors weighing the budget’s impacts but two were owner-occupiers, entirely unaffect...