The big Budget shake-up has hit property hard, and Peter Switzer puts it to three of the industry’s biggest names: McGrath founder John McGrath, Margaret Lomas of Destiny and Simon Pressley of Propertyology. Then Adam Dawes of Shaw and Partners on why healthcare is shaping up as the market’s next rotation.
Here’s a taste of what each guest brought to the show.
- John McGrath, McGrath: why he sees the budget’s negative gearing and capital gains changes as the biggest structural shift for property since capital gains tax arrived, why Sydney has already fallen 10 to 15 per cent in three months, and why he thinks the correction runs another 6 to 12 months before a slow recovery.
- Margaret Lomas, Destiny, and Simon Pressley, Propertyology: what the changes really mean for investors, why grandfathered negative gearing matters, the case for positive cash flow, and their argument that Australia is far more than two capital cities, with plenty of markets still running.
- Adam Dawes, Shaw and Partners: why healthcare looks like the market’s next rotation, running through CSL, Cochlear, ResMed, Pro Medicus, Telix, Neuren and 4D Medical.
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