Also other countries are doing the similar thing.
My son is living in Switzerland, where house prices are substantially higher than in Australia.
To solve housing crisis , you pay 10% deposit over there and other 10% from your pension fund and you can take mortgage for 50 years + on fixed interest rate, you are basically renting. No flipping and short term speculations with properties. First 5 years you will pay very high capital gain tax....
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Last
$69.76 |
Change
-0.450(0.64%) |
Mkt cap ! $13.55B | |||
| Open | High | Low | Value | Volume |
| $69.44 | $69.89 | $69.05 | $16.19M | 232.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 400 | $69.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $69.77 | 2534 | 3 |
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| Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
| ASX (ASX) Chart |