Advertisement
The recent federal budget changes to negative gearing and capital gains tax have officially crashed investor mortgage demand.
On Wednesday, the Australian Bureau of Statistics (ABS) released mortgage commitment data for the September quarter of 2026, which showed broad-based declines across borrower types but the sharpest falls among property investors.
The total value of new mortgage commitments fell by 15.5% in the September quarter of 2026, with new owner-occupier commitments falling by 5.3% and new investor commitments falling by 32.3%.
Advertisement
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
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.
Advertisement