Anthony Albanese’s plan to consider negative gearing and capital gains tax changes will “smash” the housing market, according to Opposition Leader Peter Dutton, who warned West Australians would be “particularly affected”.
In echoes of Labor’s rhetoric before it ripped up the old stage three tax cuts, the Prime Minister said on Wednesday winding back the concessions “was not our policy” but would not explicitly rule out another backflip after revelations Treasury officials were examining potential changes.
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https://thewest.com.au/politics/federal-politics/negative-gearing-peter-dutton-says-changes-to-tax-concessions-would-smash-the-housing-market–c-16178970
