Australian Property

Investors ‘rush for the exits’ amid falling market

Leith van Onselen
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By Leith van Onselen

To be sure, there are stiff headwinds facing Australia’s housing market over the next few years, including:

  • The massive roll-over of interest-only mortgages into principle and interest (raising repayments by 35% to 50%);
  • Tightening lending standards arising from the banking Royal Commission;
  • Rising bank funding costs; and
  • Labor’s negative gearing and capital gains tax reforms should it win the next election.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.