MAC Property

26/05/2026

21/05/2026

The changes to negative gearing announced last night by the Albanese Government will reduce investment in residential property at a time when increasing investment into the undersupplied market is critical, says Real Estate Institute of NSW (REINSW) CEO Tim McKibbin.

“These changes to negative gearing make investing in residential property less attractive. The pool of rental properties will shrink. Affordability will remain constrained, especially as rents rise. There are no winners."

Read the full media release: https://bit.ly/2026-budget-response

17/05/2026

🏡Property Lesson🏡

There’s a very important property lesson Australians need to understand right now, and it could potentially save hundreds of thousands of dollars over time.

While everyone is talking about the abolition of negative gearing, many buyers and homeowners are quietly trying to understand what happens to properties purchased before budget night.

Based on current interpretations of the proposed legislation, there appears to be a strong possibility that properties purchased before the changes may be grandfathered under the old rules, even if the property is currently your principal place of residence.

This creates an important strategic consideration.

A homeowner may be able to:

Live in the property initially
Later convert it into an investment property
Rent it out under the existing framework
However, there is one critical distinction that many people are missing: Offset account vs redraw facility.

And this distinction matters enormously from a tax perspective.

Here’s why...



If someone pays down their loan and later redraws funds to purchase another home, the ATO may treat that redraw as private debt.

In practical terms, this could mean that part of the interest may no longer be tax-deductible.

An offset account can operate differently.

With an offset, the original investment loan remains intact while cash sits alongside the loan reducing the interest charged.

If those funds are later withdrawn from the offset to help purchase another principal place of residence, the original investment debt structure may remain cleaner and potentially deductible.



For many Australians, this could become the strategy that allows them to:

Keep their existing home
Convert it into an investment property
Purchase another principal place of residence
Potentially retain access to negative gearing benefits


This is not financial advice, but one thing is becoming very clear...

Understanding the difference between redraw and offset may become one of the most important financial lessons property owners learn over the next few years.

Please share this, and encourage considering this strategy to seek guidance from a qualified accountant or financial adviser.

Credit: Tom Panos

14/05/2026

Just hanging out in my Cano office waiting for you to tell me to sell your house

12/05/2026

🚨 Attention property investors ! the rules are changing. Last night’s Federal Budget confirmed it: from 1 July 2027, the 50% Capital Gains Tax discount will be GONE 😣 for established residential properties.
That means if you’ve been holding an investment property and it’s grown in value, you could be handing a significantly larger slice to the ATO if you sell after that date.

The window to sell under the current rules is open, but it won’t be forever.

If you’re thinking about offloading an investment property in locally, now is the time to have that conversation.
📞 DM me or call 0418 863 835 for a free, no-obligation property appraisal.

08/05/2026

Canowindra Branch CWA is hosting Australia’s Biggest Morning Tea 2026. On Wednesday 20th May.
9.30-1pm.
In front of 65 Gaskill street Canowindra (MAC Property Office)
Come along enjoy a cuppa and support the Cancer Council.

07/05/2026

NEW rental property available soon 🏡
🛏️ 3 bedrooms 🚿 2 bathrooms 🚗 2 car garage
Large fully enclosed backyard
Beautiful private cul-de-sac in a highly sort after location
$500 per week

05/05/2026

04/05/2026

Just a little bit foggy this morning 💧