Author
Nila Sweeney is a broadcast journalist, print and digital writer and editor with 10+ years’ experience creating hard-hitting content across multi-media platforms.
Previously the Managing Editor of Your Investment Property Magazine, Nila is now a property reporter at the Australian Financial Review.
Recently released figures from the ATO indicate that the number of people investing in property took a small nosedive in the 2008-09 tax year.
The latest figures from the ABS reveal that the month to month level of home loan approvals has hit its lowest point for 10 years, leading to predictions that the housing market could see big falls in 2011.