News

Foreign buyer ban hangover pending

Friday 22nd of June 2018

Westpac’s latest Home Truths report is out and it predicts the market slowdown is set to continue, now that its short-lived resurgence is over.

Stephens says they are not surprised to see the market slow as they picked it would once the “bright line test” on capital gains was extended from two years to five.

But the next hurdle for the market will be the foreig...

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