Ensure you never miss an issue of the
real estate business bulletin
Home buyers put off by carbon tax

Home buyers put off by carbon tax

by Reporter 0 comments

Matthew Sullivan

Just over half of Australians feel less confident purchasing property under the federal government’s proposed carbon tax, new research has found.

According to a national survey by mortgage broker Loan Market, 57 per cent of the 482 respondents answered with a yes when asked: “Does the proposed carbon tax affect your confidence in buying a property?”

Around 35 per cent of respondents feel increases to the cost of living will push home ownership out of reach.

Another 22 per cent of respondents to the online survey wanted to wait to assess the tax’s impact.

“The carbon tax is obviously a divisive issue in Australia, as we have seen from the results of the political opinion polls,” Loan Market chief operating officer, Dean Rushton said.

“The home finance and real estate sectors have faced a challenging market for some time and consumer confidence has been subdued. Our survey shows the carbon tax is not something that looks likely to encourage consumers.”

le>.b-autolinks{text-decoration:underline}.b-autolinkshadowbox { display: inline; position: relative; cursor: pointer; color: #428bca;} .b-autolinkshadowbox:hover > span { display: block !important; } .b-autolinkshadowbox__links { white-space: nowrap; z-index: 999; display: none; left: 0; border: 1px solid #bfbfbf; border-radius: 5px; font-size: 12px; top: 12px;color: #000; padding: 10px; position: absolute; background-color: #FFF; box-shadow: 0px 0px 20px 1px #bfbfbf; } .b-autolinkshadowbox__links > a { display: block; padding: 3px 0; }
Home buyers put off by carbon tax
lawyersweekly logo
promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2017

The REB Top 100 Agents ranking is the foremost ranking of agents in Australia. It has set the bar for excellence in Australian real estate. To be ranked as an REB Top 100 Agent is the standard real estate professionals strive for. See the full 2018 ranking here!

featured podcast

featured podcast
The difference between an average agent and one who dominates

McGrath Crows Nest’s Peter Chauncy is number 10 in this year’s REB Top 100 Agents ranking. Peter, however, is more likely not surprised ...

View all podcasts

Would you consider working for Purplebricks or a similar 'DIY' model?

Yes (7.2%)
No (80.9%)
Perhaps - make me an offer (12%)

Total votes: 209
The voting for this poll has ended on: July 13, 2018
Do you have an industry update?