Sean Aylmer

He's not a great fan of the government.

Now, we have a chat to Rob Scott immediately after the show.

Sorry, that's not fair to say the government's budget.

We have a

chat to him after the show.

And we've just got a little snippet here.

And I basically said, so Rob, you're not a fan of the government's budget.

Yeah, so you buy a house for $700,000, you rent it out, there's your yield, income helps you pay the mortgage.

In Australia, investors or housing investors mostly hope that the price appreciates.

So you're $700,000, you sell it for $900,000, that's your capital gain.

You don't think that much about the income part of it.

But the budget changes to capital gains tacking negative gearing means investors need to rethink the market.

Cotality, the research house, says only 0.8% of 1%

of homes are positive cash flow properties.

That means 99.2% of cases, the investor is using their own funds plus the rent payments to cover all the bills.

So cotality says softening house values and a record low national vacancy rate of 1.5% is actually starting to drive gross rental yields higher, particularly in places like Melbourne.

Currently, houses are just yielding 3.12% and 4.47% for units.

But because of the low vacancy rates and the faltering prices, rental yields could well pick up.

Yes, so developers of key projects, including new transmission links, have been running into long delays and soaring costs and strong community pushback, in fact, according to a report in Nine Media.

Transgrid, the operator of the New South Wales high-voltage transmission network...