Capital Gains Tax, Negative Gearing on the table – Albanese
As leaks of reports that Treasury was looking at changes to the Capital Gains Tax and Negative gearing grew, Prime Minister Anthony Albanese refused to rule out any changes in a policy backflip where he said that he would be looking at all options. Treasurer Jim Chalmers tried to turn the narrative onto the Opposition and the Greens for blocking the Governments housing reforms in the Senate, saying this was causing a bigger problem for housing.
We look at how changes could affect housing supply.
Produced By: Roderick Chambers
Featured In Story: Tim Harcourt – Industry Professor and Chief Economist at the Institute for Public Policy and Governance at the University of Technology Sydney , and Saul Eslake – Independent economist, speaker, and Vice-Chancellor’s Fellow at the University of Tasmania
First aired on The Wire, Wednesday 25 September 2024