maxineamillion, I tend to agree but I think you forgot one thing.The Rudd Govt tax revue will be recommending various changes to Australias overall taxation mix. There is a strong chance that recommendations will include some additional taxes to be levied on investment property and also the removal or part removal of some of the benefits of negative gearing.The Govt will almost certainly be attracted to such taxes as they will be seen to only affect those greedy capitalist property speculators and not your average battler.Most of all the Govt will be desperate to recover some of the surplus it has recently blown. I would stay out of property for a while yet until everything becomes a bit clearer.
