Just two weeks after the Albanese government announced plans to slash negative gearing and capital gains tax concessions, prominent property advisory firm Dashdot has entered voluntary liquidation.
The national agency has sacked over 40 staff members, sparking panic among anxious clients who paid thousands in upfront fees for property sourcing and management.
Dashdot co-founder Goose McGrath told clients the business would enter voluntary liquidation on May 28 — in part because of the government’s changes to CGT and negative gearing.
In an open letter, Mr McGrath said Dashdot had helped more than 1800 Australian families buy more than 2800 properties and generate more than $540 million in wealth since launching seven years…