Some politicians welcome a fresh and bold response to address affordability, while others wary of resurrecting a debate lost at the 2019 election
Some Labor MPs say the government shouldn’t be afraid of considering reforms to negative gearing, with several caucus members saying they were “open” to fresh and bolder responses to the housing crisis.
“We can’t keep treating the patient the same way and be surprised that they’re not getting better,” he said. Albanese at a press conference repeatedly declined to confirm or deny whether he was considering reforms, but conceded public servants “do a range of proposals” on potential ideas. Another MP noted that the initial Nine report said Treasury had modelled changes to capital gains tax discounts as well, a detail which has attracted less attention. That MP suggested that looking at reducing CGT discounts would fit with Labor values.Chalmers also didn’t categorically rule out negative gearing changes from future plans, saying Labor’s current housing policy “doesn’t include that change”.
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