Student faces $150,000 borrowing reduction over policy changes, David Bird notes

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Andrey Mastykin

22.05.2026

Student faces $150,000 borrowing reduction over policy changes, David Bird notes — Borrowing reduced by $150,000 after changes

David Bird reports that one of his students was informed by their bank during a call last night that their borrowing capacity had already been reduced by $150,000.

He emphasizes that this reduction is taking effect immediately, ahead of new legislation regarding the removal of negative gearing, which many still do not fully understand.

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Bird previously commented on Australia's newly announced tax changes affecting capital gains, negative gearing, and trusts, noting limited impact for some investors in his coverage of the reforms. In separate reporting, he highlighted increased activity among major ASX iron ore stocks such as BHP and Rio Tinto, describing smaller stocks as more speculative in a recent analysis. These topics remain relevant as market participants assess the immediate effects of lending adjustments.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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