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Property investors vanish following negative gearing changes

The recent federal budget changes to negative gearing and capital gains tax have sharply reduced investor credit growth. The Reserve Bank of Australia’s (RBA) September credit aggregates data reported…

  • Investor credit growth dropped to 0.24%, down from 0.96% in December 2025
  • Federal budget changes reduced borrowing capacity by 30% due to lower after-tax cash flow
  • Property values declined 6.7% nationally since March, with potential further drops

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