For too long, investors have had a huge advantage over owner occupiers, with huge tax breaks for property speculators.
There's a simple reform option: limiting loans for investors. It's a solution the Government has implemented before, and it worked.
Read more from @mattgrudnoff.bsky.social ⤵️
There's a simple reform option: limiting loans for investors. It's a solution the Government has implemented before, and it worked.
Read more from @mattgrudnoff.bsky.social ⤵️
Comments
We need a comprehensive tax reform urgently!
"The government could direct the Australian Prudential Regulation Authority (APRA) to force lenders to limit the number of loans they offer to investors."
https://bsky.app/profile/tmfscottp.bsky.social/post/3lgu2saszf226
The best solution, IMO.