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Finance & Markets

Property investors ‘crash out’ after federal budget tax changes

Changes to negative gearing and capital gains tax in the federal budget have sharply reduced investor credit growth. The Reserve Bank of Australia’s (RBA) credit aggregates data for August, illustrated below by Justin Fabo from Antipodean Macro, show that investor housing credit growth decelerated sharply to 0.32%, down from the recent peak of 0.95% in The post Property investors ‘crash out’…

We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.

Read the original at macrobusiness.com.au →

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Investing according to human behaviour

SIR John Templeton, one of the great pioneers of global value investing, famously observed: “Bull markets are born on pessimism, grown on scepticism, mature on optimism and die on euphoria.”

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