Forget death and taxes, the real certainty in Australia is rising house prices

Taxation statistics for 2020-21 show that more property investors claimed a profit than a loss. Photograph: Mark Baker/AP

The latest data released on Tuesday by the Bureau of Statistics revealed that in spite of rising interest rates, property prices in the first three months of this year actually went up in most states.

We really need to update the old adage. No longer is nothing more certain than death and taxes; it’s now death, taxes and rising house prices.