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‘Another broken promise’: Concerns Anthony Albanese is planning to go after negative gearing

Press coverage 12 February 2024 Summary of published coverage
‘Another broken promise’: Concerns Anthony Albanese is planning to go after negative gearing

Concerns grew that the federal government might revisit negative gearing after the Prime Minister repeatedly declined to rule out changes, having already reworked the stage three tax cuts. Treasury estimated deductions claimed on investment property expenses at $27.1 billion in 2023-24, while PIPA chair Nicola McDougall said the threat of higher taxes was already a leading reason investors were selling.

Reported by

Shannon Molloy, news.com.au, 10 February 2024

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