• A quarter of Australia’s property investments held by 1% of taxpayers, data reveals

    A quarter of Australia’s property investments held by 1% of taxpayers, data reveals
    Exclusive: Taxation office figures also show a clear majority of those investors are over the age of 50Get our morning and afternoon news emails, free app or daily news podcastOnly 1% of Australian taxpayers own nearly a quarter of all property investments across the country, amid concerns over escalating rates of wealth concentration.Data provided by the Australian Taxation Office has revealed the extent of that concentration, with more than 7% of property investors – or 215,321 people &n

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