Investors to lose hundreds of thousands in borrowing power after budget change – realestate.com.au
Investors Face Significant Borrowing Power Losses as Banks React to Budgetary Tax Adjustments Property investors across Australia are bracing for a substantial reduction in their borrowing capacity, potentially losing hundreds of thousands of dollars, following a recent government budgetary decision to restrict a key tax deduction. Financial institutions are being accused of a “knee-jerk reaction”
