Finance analysts predict the government's negative gearing and CGT changes to invoke a drop in house prices next year.
Labor luminary Paul Keating has been panned as "out of touch" with the modern realities of owning a business after backing controversial tax changes.
Former prime minister Paul Keating is backing the budget, especially changes to the capital gains tax, as businesses continue to criticise the measures.
Rising living costs and interest rates are hurting housing sales, with a sharp downturn in loans and investor lending.
The Australian labour market has shown signs of softening as tens of thousands of people register as unemployed, boosting hopes of a Reserve Bank rate hold.
After the last Tasmanian budget led to a snap election, Treasurer Eric Abetz is expected to chart a path to sustainability in this year's books.
Critics of the government's capital gains tax changes are being accused by the treasurer of overstating how much extra tax small businesses will have to pay.
Small business owners rally together to send petition to Canberra asking to repeal the CGT tax changes.
New report says money saved from less off-street parking could help build at least 9000 more new houses.
Property professionals group says the proposed Budget measures will hit rentvesters hard.
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