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How Albanese could tweak negative gearing to save money and build more new homes
(theconversation.com)
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this post was submitted on 07 Feb 2024
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Negative gearing will never be removed.
It's nothing to do with the voters.The politicians are the landlords
https://www.sbs.com.au/news/the-feed/article/politicians-and-their-property-portfolios-how-many-do-they-own/wb7k9xq1p
We literally just had politicians vote against their own self interest by reducing stage 3 tax cuts.
It’s possible they will do the same for negative gearing.
Politicians didn't need the tax cuts.
They already gave themselves a 4% pay rise, their biggest increase in a decade
Aren't their wage increases determined by an independent group/board ?
And the President of that is a former CEO of Australia’s largest commercial property services firm, and former National President of the Property Council of Australia.
C'mon, you know how this works
Ayup. Get them scared enough and self preservation will override the greed