The NSW Coalition government has backed a Labor proposal rubbished by the federal Coalition at the last two elections.
With polls showing Scott Morrison in a trough, Labor has become more optimistic about its election prospects and Anthony Albanese is ditching any baggage in pursuit of a win.
We’ve plenty of homes. Rents have barely moved for half a decade
In some quarters, the median Sydney home earns more from capital gains than the median worker earns from wages. Now’s a good time to wind back the measures that push prices up.
Negative gearing would cause few problems if we better taxed capital gains.
The real estate industry acts in its own interests, not those of the tenants it scares.
You can’t help first home buyers without making other buyers worse off.
Topping up deposits by as much as 15 percentage points will help, but housing isn’t risk-free.
Houses will be worth more or less what they would have been, if Labor’s policies are adopted, NSW Treasury analysis says.
Housing policy is a stark point of difference at this election. While the government took promising steps to set up social housing finance, it has yet to give any sign it will finish what it started.
When vested interests are attacked they create myths and battle plans. It’s the surest sign you are on the right track.
Though it is generally believed a minor miracle would be needed to rescue the Morrison government, the Coalition judges the best way to “save furniture” is to wave the fear flags.
At times we are told Labor’s capital gains tax policy will hit mainly high earners. At other times, low earners. The truth, uncovered by our microsimulation model, tells us something about ourselves.
In his Sunday announcement, Shorten says the ALP’s ten-year plan to build 250,000 houses and units would be Australia’s “biggest ever investment in affordable housing”.
It is thought that it doesn’t help much to cut official interest rates toward or beyond zero, and maybe it doesn’t, but new research suggests the answer has a lot to do with the housing market.
Housing affordability has declined significantly over the past few decades. Slowly reducing negative gearing and capital gains, and switching to property taxes, could reverse this trend.
Chris Bowen on the budget and Labor’s policies
Shadow treasurer Chris Bowen tells The Conversation he accepts that big business will "lobby on their own path".
The Greens plan would bring in “a Buffett rule” to ensure higher income earners paid their fair share of tax by limiting deductions made by those earning more than $300,000.
New modelling shows negative gearing and capital gains taxes can be reformed in a way that doesn’t impact poorer investors.
Chris Bowen will target tax loopholes and concessions in a speech on Monday.