Has Labor’s tax reform killed ‘rent-vesting’ for young Australians seeking a foothold in the housing market?

Changes to capital gains tax and negative gearing will make the strategy of renting in a preferred area while buying a cheaper property elsewhere less attractive, experts say Explore all of our 2026 Australia federal budget coverage Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Rent-vesting – a popular strategy used by young Australians to save for their first home – could be killed off by Labor’s tax changes on investment properties, experts warn. Renters have used the strategy to keep living in their preferred area while buying a cheaper property elsewhere, hoping it will rise in price so they can sell and put the profits towards their first home. Continue reading...

Original source: Guardian