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Property was Australia’s favourite wealth builder. A tax overhaul aims to end that

South China Morning Post 24 June 2026 4h ago
Property was Australia’s favourite wealth builder. A tax overhaul aims to end that
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Relevance
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Freshness
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Authority
18/20
Brand Signal
6/15
Depth
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Relevance Freshness Authority Brand Depth
Just a short ⁠stroll from Sydney’s famous Bondi Beach, auctioneer Clarence White struggles to drum up bids for an ⁠airy three-storey home that boasts five bedrooms and an alfresco lounge – price tag, A$5.2 million (US$3.64 million). “We know everyone’s cagey at the moment, but that’s OK … all power to those who are registered and those who take action,” the veteran auctioneer tells a small group o
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