If labor party gets in there will be one last rush to buy existing properties before the unannounced cut off date to use negative gearing also if you buy before 01 july 2019 you get to keep the 50% capital gain discount ( I believe you need to settle before these dates) . Only new properties will be able to be negatively geared post unannounced cut off date. This will see a flood of properties get listed especially if prices being paid is higher.
