The prime minister declined to rebuff suggestions he planned to revisit the policy ahead of the election and said he would be comfortable with the public service examining proposals.
The prime minister has left the door open to revisiting negative gearing , declining to hose down reports that Treasury had drawn up options and refusing to repeat his previous assertion that it is not government policy.
Labor took such a policy to the 2019 federal election, which it lost, and the prime minister hosed down the prospect of revisiting the idea as recently as last week, when he scoffed at questions on the subject in an ABC interview. "What our government is considering is fixing housing supply by getting our legislation through the Senate, that's what we're considering."
A government source emphasised that the government was not proposing a change, but that Treasury considering various policy issues would not be unusual. The Greens have issued several housing-related demands in exchange for their support on those bills, including calling for negative gearing and capital gains tax changes.Negative gearing is shorthand for the feature of Australia's income tax system that allows property investors to deduct losses made on their investments.
Federal Government Negative Gearing Anthony Albanese
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