Former premier Dominic Perrottet at a Property Council of Australia lunch on Thursday.
“The society today is very different than it was 100 years ago,and the tax system that’s in place today is still reminiscent of that,” he said. “It should be changed in such a way that drives opportunity,and things like negative gearing should be looked at. It could drive supply.
“I’m not advocating one way or another[on negative gearing]. But I’m saying it’s good government to go looking at this issue holistically. Should put everything on the table. ”
Loading
He also said stamp duty (which his government tried to reform) was a “terrible tax”.
Federal Labor leader Bill Shorten went to two elections vowing to scrap negative gearing on properties purchased after a certain date to improve housing affordability,but the party dumped the policy after its shock election loss in 2019 and neither party has revived it.
Perrottet also called on the federal government to contribute more to state infrastructure,saying NSW and Victoria took the bulk of immigrants but had to foot the bill for the services they needed,such as hospitals,transport and roads.