Andrew Nicholl

So Australian investors who already own established rentals

are now incentivized to hold on to those properties because the moment they sell and buy something else, they lose that grandfathering benefit and they face the new capital gains tax on any properties purchased post 27.

Now, the result is that, okay, I'm going to hold on to these properties and I'm not going to buy something else.

I'm just going to sit on what I've got at the moment.

Now you have less supply going into the secondhand market.

I think this is pretty significant.

I cannot believe, maybe it's my algorithm, but I've just been absolutely blasted with things on TikTok and Instagram around this kind of thing.

So it must be seriously bothering people.

So it'll be interesting to see whether or not this changes after the next election.

When's that?

Do you know?

And I'm Adrian McFarlane.

And I'm Andrew Nicholl.

So the tenant asked the landlord if they could have a puppy and it was a Labrador, so a decent sized dog.

Now they were renting a unit on the top floor of a three-story building and it had a large deck and a section at the back that they shared with other units.

And the landlord said, yeah, no, I don't think that's going to be a good fit.

And the tenant said, no, I'm off to the tribunal.

The tribunal sided with the tenant and the pet was actually approved, but it did come with other conditions.

But I was pretty surprised about that.

Well, before the law came in, the landlord could just say, no, I don't want pets in my property.