Anthony Albanese declares public service is ‘looking at policy ideas’ as report raises prospect Labor is investigating shift on housing tax concessionsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAnthony Albanese has repeatedly declined to confirm or deny whether the federal government is considering changes to negative gearing, but conceded that public servants “do a range of proposals” on potential ideas.The Nine newspapers reported on Wednesday that the government had asked Treasury to model potential changes to negative gearing concessions. The government has come under pressure from the Greens and crossbench to make changes to the property investment tax breaks, amid speculation that Labor could consider making a bold change as part of their re-election bid.Sign up for Guardian Australia’s breaking news email Continue reading…
Source link : https://www.theguardian.com/australia-news/2024/sep/25/negative-gearing-house-tax-reform-treasury-modelling
Author : Josh Butler
Publish date : 2024-09-25 03:05:16
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