Comment on How Albanese could tweak negative gearing to save money and build more new homes
Longmactoppedup@aussie.zone 9 months ago
Could do, but likely won’t. The voters punished Labor when shorten mentioned policies that maybe might have started making houses more affordable.
Personally i think CGT discounts should never have been a thing. Negative gearing should only have been for new builds and with a time limit of say 10 years.
Short of a time traveling assassination of John Howard I don’t think we can easily unfuck the last few decades of bad policy.
No1@aussie.zone 9 months ago
Negative gearing will never be removed.
It’s nothing to do with the voters.
The politicians are the landlords www.sbs.com.au/news/the-feed/article/…/wb7k9xq1p
Custoslibera@lemmy.world 9 months ago
We literally just had politicians vote against their own self interest by reducing stage 3 tax cuts.
It’s possible they will do the same for negative gearing.
No1@aussie.zone 9 months ago
They didn’t need the tax cuts.
They already gave themselves a 4% pay rise, their biggest increase in a decade
Suspiciousbrowsing@kbin.social 9 months ago
Aren't their wage increases determined by an independent group/board ?
Taleya@aussie.zone 9 months ago
Ayup. Get them scared enough and self preservation will override the greed