While the Bank is currently holding the key overnight rate at 0.25%, it has changed its commitment to keep rates low through 2023, suggesting that rates cold rise as early as the second half of 2022.
Yesterday's budget provided virtually no measures that would help cool the nation's runaway housing market.
The new tax is estimated to bring in $700 million over four years, beginning in 2022.
Let the renovation games begin!
"I think that we seized the day [on this project]. I really do."