Sydney architect Chirayu Shah says he and his wife could be forced to sell their home at a loss and unable to offer their children housing security down the track.
Negative gearing and capital gains tax concessions,as they stand,cost taxpayers billions and do little to support home building or the rental market.
As Labor ponders a new housing policy it is imperative that middle income investors are not unfairly burdened by proposed changes.
Melbourne investment property owner Naresh Punjabi said changes to negative gearing would be a factor in his vote at the next federal election.
A new report shows more than 120,000 voters in marginal seats are negatively geared – and reveals where the most people are using the property tax concession.
Widely perceived as a tax rort that has blown up our housing market,the objective truth is it is nothing of the sort.
Negative gearing is back on the agenda. Labor says it’s just looking at possible policy. The Greens are squeezing the government for big changes. Here’s what it all means.
Negative gearing is a totemic policy because of the way any attempt at reform can be turned into an assault on aspiration or a scare about a tax grab.
Negative gearing and capital gains tax concessions cost the budget billions of dollars every year,which is why Labor has asked for advice on possible changes to them.
The prime minister’s tetchiness on Thursday is the latest in a series of moments where Albanese has become curt when pressed on hard topics.
Federal Greens and state and city Labor politicians have all opposed high-density developments while fighting to be the party of affordable housing.