Industry bodies including the Real Estate Institute of Australia, PIPA, the Housing Industry Association and Master Builders Australia urged the federal government to leave negative gearing untouched, after the Greens tied support for the Help to Buy scheme to changes. They argued reform would deter investment and tighten an already strained rental market, and called for a focus on lifting new home construction.
Reported by
Juliet Helmke, realestatebusiness.com.au, 16 February 2024
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