Nearly half of Australians (45%) say a modest fall in house prices would be a good thing for the country.
In a boost for the Albanese government’s May budget housing reforms, the latest Capital Brief/DemosAU poll shows only 24% of Australians believe a reduction in house prices would be a bad thing, while 31% have no opinion.
Despite promising ahead of the 2025 election not to change property tax arrangements, Prime Minister Anthony Albanese used the budget to abolish capital gains tax discounts on residential property sales and ban negative gearing for all but new properties.
The decision sparked a torrid post-budget debate about honesty in politics. The opposition parties branded Albanese a liar, while the government insisted it was entitled to change its mind provided it explained its reasons to voters.
