Negative gearing isn't dead yet, but banks aren't waiting. You've technically got until 1 July 2027

Ajouté : 2026-05-26

[00:00:00]So, negative gearing is gone, but not quite yet. You have until the 1st of July 2027 to negatively gear any properties purchased after budget night.

[00:00:08]But, we're already seeing banks come out and scrap negative gearing from lending perspective, and a lot of people are wondering why. It all comes down to risk. If you take out a loan right now with negative gearing and in 12 or 14 months time you can no longer meet your repayments because you're not getting the tax benefit from the government, you can go to the bank and go, "Why'd you approve my loan like this? You knew that these changes were coming and you still let me do this anyway." They're saving themselves from the risk of you defaulting on your home loan down the track, and they're getting ahead of it now. Important to know, these changes aren't legislated just yet, but there's a pretty good chance they will, so they're getting ahead of the curve.