The ACTU and Greens are pushing to cap negative gearing and CGT discounts to just one investment property, phased in over five years. Myself and others warn this could make affordability worse—not better—by forcing investors to jettison properties or hike rents, and tightening supply further as it is likely to slash rental supply, push rents up, and do more harm than good.
Listen as I dive deeper into this topic with Canberra Mix 106.3FM’s Cam and Renee.
In this episode we cover:
- Negactive negative gearing explained in 30 seconds
- The changes that are being proposed
- Why we are opposed to the changes
- Why is there support for the changes
Listen here:
