Negative gearing: Peter Dutton says changes to tax concessions would ‘smash the housing market’

Negative gearing: Peter Dutton says changes to tax concessions would ‘smash the housing market’

Negative gearing and capital gains tax changes are back on the agenda as Prime Minister Anthony Albanese weighs up taking the politically contentious policies to the next Federal Election.

In echoes of Labor’s rhetoric, before it ripped up the old stage three tax cuts, Mr Albanese said winding back the concessions “was not our policy” but would not explicitly rule out another backflip after revelations Treasury officials were examining potential changes.

Source link

#Negative #gearing #Peter #Dutton #tax #concessions #smash #housing #market