A major cause of rising house prices has been increased demand from investors.
Our research shows restricting negative gearing to newly built housing and scrapping the capital gains tax discount would reduce speculation and allow more first home buyers to get into their own home.
Our research shows restricting negative gearing to newly built housing and scrapping the capital gains tax discount would reduce speculation and allow more first home buyers to get into their own home.
Comments
https://alp.org.au/affordable_housing_commitment
Nobody seems to believe any politician
There is a problem with tradespeople which they are addressing with other policies.
I want housing for Australians. A chance for all to belong, not this twisted version of modern slavery.
They used Labor's education plan, gutted TAFE & financialised property. They however did so in a designed effort to erode Labor's base. It is super smart, but we lose.
Seems they’re happy starting a war against young people. However, eventually young people will all get to vote.
Negative gearing and the CGT discount cost the budget around $20bn/year, more than twice the $8.4 bn state and territory governments spent on public housing in 2022-23. #auspol
Read:
presenting a complex situation...which they are hugely responsible for..simplistically
#AusVotes2025
the only good thing he did was guns controlled
backwards looking monarchist reactionary with a suburban conveyancing solicitor mentality
cultural barbarian
It's almost like housing is for accommodation.
There had been a deliberate policy to suppress incomes by the LNP for two decades as evidenced by Coormans confessions and Howard’s convince
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We need to end the incentives to hoard property if we want home ownership.
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End negative gearing,
Capital Gains Tax on ALL properties, replace stamp duty with land tax, double tax on vacant property.