Tax changes can slash house prices and boost home ownership, Westpac says
Ring-fencing property investors' losses will have the least impact of any tax.
Westpac has a radical prescription for both tackling house price inflation and boosting homeownership levels.
And it all comes down to tax.
The bank’s study on the impact of various different taxes finds a 10% capital gains tax would cut house prices by about 11% over time but ring-fencing
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Jenny Ruth
Tue, 19 Jun 2018
Tue, 19 Jun 2018
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Tax changes can slash house prices and boost home ownership, Westpac says
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