Property was Australia’s favourite wealth builder. A tax overhaul aims to end that

Just a short ⁠stroll from Sydney’s famous Bondi Beach, auctioneer Clarence White struggles to drum up bids for an ⁠airy three-storey home that boasts five bedrooms and an alfresco lounge – price tag, A$5.2 million (US$3.64 million). “We know everyone’s cagey at the moment, but th