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UBS bears: Housing downside materially reduced

May 21, 2019 - 00:10 -- Admin

Via the UBS property bears: Election result materially reduces downside risk for UBS view on housing The main implication of the election is the absence of expected Labor changes, especially to negative gearing, capital gains tax & franking; rather than the Coalition’s mostly ‘status quo’. While this likely has limited impact on our credit tightening

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