Tax changes are impacting Victoria's budget forecasts, causing Melbourne house prices to fall, and threatening the Allan government's surplus.
1 report, 1 independent
Updated Jul 6
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What happened
Tax changes are impacting Victoria's budget forecasts, causing Melbourne house prices to fall, and threatening the Allan government's surplus.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Tax hike costs are being passed down to families in Victoria.Sub-event
Tax changes are causing Melbourne house prices to fall and threatening the Allan government's surplus.1 source
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The entities involved
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Allan
Brazilian association football player
Nothing else this week.
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Victoria
city and commune in Chile
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Melbourne
capital city of Victoria, Australia
Related events
- Rent yield pressure and tax changes are affecting property investment yields in the Sydney and Melbourne markets.
- A specific suburb in the Melbourne area, Balwyn, is experiencing a house price decline, amidst market downturns and official warnings about interest rates.
- A housing market correction is broadening across Brisbane, Melbourne, and Sydney, with prices falling more than 1% per month.