The housing minister says the federal budget will have only a "mild" impact on house prices, and if predictions bear out that house prices may drop by 10 per cent, that won't be due to the government's tax changes.
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The housing minister says the federal budget will have only a "mild" impact on house prices, and if predictions bear out that house prices may drop by 10 per cent, that won't be due to the government's tax changes.
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Australia's housing market continues to lose momentum, with national home values flatlining in May as higher interest rates, weak confidence and proposed property tax changes weigh on demand.