#landlordclass — Public Fediverse posts

@crouton @Susan60 @luciedigitalni
Ever wonder why both Labor and the Coalition treat the 50% Capital Gains Tax (CGT) discount like a sacred relic?
It isn’t an accident or a "complex economic necessity"—it’s a massive conflict of interest.
The latest 2025 registers show that the Australian Parliament is essentially a landlords’ club. When we talk about "the housing crisis," we’re asking for reform from the very people who profit most from the status quo.
The Breakdown: Parliament’s Property Portfolio
• The Numbers: Over half of all federal MPs and Senators own multiple properties. At least 50+ are active landlords collecting rent.
• The Average: MPs hold roughly ~2 properties each, a rate that dwarfs the average Australian household.
Spotlight on the "Top Dogs"
The leadership on both sides of the aisle is heavily invested in the property market:
• Anthony Albanese: Owns the family home, plus investments, plus that multimillion-dollar clifftop getaway.
• Sussan Ley (Opposition Leader): Holds a serious portfolio including residential property, two investments in Albury, and another on the Gold Coast.
• Tony Burke: Declared six homes.
• Peter Dutton: A long history of "serial investor" vibes with significant property interests.

The Solution is Simple but Politically "Impossible" for Them:
1. Tax capital gains like wages. Why is work taxed higher than speculation?
2. Phase out negative gearing. Stop subsidising investor losses with public money.
3. Prioritise housing justice over class interests.
It’s time to boot the Landlord Parliament. We need representatives who view housing as a human right, not a tax haven.

#auspol #housingcrisis #cgt #negativegearing #taxtherich #landlordclass