Only 1% of Australian taxpayers own nearly a quarter of all property investments across the country, amid concerns over escalating rates of wealth concentration.
Data provided by the Australian Taxation Office has revealed the extent of that concentration, with more than 7% of property investors – or 215,321 people – accounting for 25% of all property investments.
https://www.theguardian.com/australia-news/2023/jun/04/a-quarter-of-australias-property-investments-held-by-1-of-taxpayers-data-reveals
According to the Australian Taxation Office (ATO), around 30% of Australians own an investment property with 40% of those being neutrally or positively geared. That means that 60% of investment properties are negatively geared.
https://duotax.com.au/insights/positive-gearing/
Worried that interest-only lending could create a situation where high-risk homebuyers become overexposed, APRA had closely monitored the regulations surrounding interest-only lending since 2014.By 2017, interest-only lending made up 64% of investment lending with a further 23% evident in owner-occupied lending.
https://www.businessthink.unsw.edu.au/articles/investor-housing-loans-markets
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