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#negativegearing — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #negativegearing, aggregated by home.social.

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  1. Labor deserves credit for finally winding back negative gearing and the capital gains tax discount. But let's not pretend the housing crisis is solved.
    If we're serious about affordable housing, the next steps are obvious: replace stamp duty with land tax, stop first-home buyer grants that inflate prices, tax resource profits fairly, and invest properly in social housing.
    Housing should be for people, not tax minimisation.

    #housing #housingcrisis #negativegearing #cgt #taxreform #socialhousing #auspol

    crikey.com.au/2026/07/07/labor

  2. Labor deserves credit for finally winding back negative gearing and the capital gains tax discount. But let's not pretend the housing crisis is solved.
    If we're serious about affordable housing, the next steps are obvious: replace stamp duty with land tax, stop first-home buyer grants that inflate prices, tax resource profits fairly, and invest properly in social housing.
    Housing should be for people, not tax minimisation.

    #housing #housingcrisis #negativegearing #cgt #taxreform #socialhousing #auspol

    crikey.com.au/2026/07/07/labor

  3. Unemployment Creeps Up Amidst Shifting Economic Currents; Tax Reforms Spark Divided Opinion

    Australia's jobless rate hit 4.5% in April. New tax reforms on CGT and negative gearing face mixed reactions. Find out who is affected.

    #UnemploymentRate, #TaxReform, #AustraliaEconomy, #CGT, #NegativeGearing

    newsletter.tf/australia-unempl

  4. I've been very critical of Anthony Albanese.

    Now I've been most surprised by his government's steps around capital gains tax, #FamilyTrusts and #NegativeGearing.

    Not going to pretend that I understand their complexity. But they seem to be important.

    #WhileYoureDownThere Anthony, how about re-establishing the capacity for expert-level work inside the Australian public service that is currently farmed out to the shonky unreliable leech-consultancies?
    #AusPol #KPMG
    abc.net.au/news/2026-05-29/kpm

  5. I've been very critical of Anthony Albanese.

    Now I've been most surprised by his government's steps around capital gains tax, #FamilyTrusts and #NegativeGearing.

    Not going to pretend that I understand their complexity. But they seem to be important.

    #WhileYoureDownThere Anthony, how about re-establishing the capacity for expert-level work inside the Australian public service that is currently farmed out to the shonky unreliable leech-consultancies?
    #AusPol #KPMG
    abc.net.au/news/2026-05-29/kpm

  6. @augustusbrown @hailey
    That’s not a broken promise? Mate, this was the gold standard of broken promises.

    “No cuts to education.”
    “No cuts to health.”
    “No cuts to the ABC or SBS.”
    “No changes to pensions.”

    Then came the budget chainsaw.

    Funny how Murdoch media suddenly discovers outrage over a tiny negative gearing tweak, but barely blinked when Tony Abbott torched half his 2013 promises. 🤔

    x.com/ChristyDanFan/status/205

    #auspol #abc #negativegearing #murdoch #LNPfail

  7. @augustusbrown @hailey
    That’s not a broken promise? Mate, this was the gold standard of broken promises.

    “No cuts to education.”
    “No cuts to health.”
    “No cuts to the ABC or SBS.”
    “No changes to pensions.”

    Then came the budget chainsaw.

    Funny how Murdoch media suddenly discovers outrage over a tiny negative gearing tweak, but barely blinked when Tony Abbott torched half his 2013 promises. 🤔

    x.com/ChristyDanFan/status/205

    #auspol #abc #negativegearing #murdoch #LNPfail

  8. Negative gearing myth BUSTED

    The government is finally phasing out this rort, and landlords are crying "rents will skyrocket!" like they did in the 80s.
    But the data says otherwise:
    Last time we removed neg gearing (1985-87), rent hikes varied wildly by city — local conditions mattered, not the tax change.
    Treasury & CBA both say: impact on rents = $2/week in a decade.
    Investor demand collapsed 2017-2019 (banking royal commission). Rents grew just 1.2% per year.
    Existing investors are grandfathered. New builds still get concessions.

    The "sacred cow" was always about subsidising wealth extraction, not housing supply.

    #auspol #housingcrisis #negativegearing

    au.finance.yahoo.com/news/nega

  9. Negative gearing myth BUSTED

    The government is finally phasing out this rort, and landlords are crying "rents will skyrocket!" like they did in the 80s.
    But the data says otherwise:
    Last time we removed neg gearing (1985-87), rent hikes varied wildly by city — local conditions mattered, not the tax change.
    Treasury & CBA both say: impact on rents = $2/week in a decade.
    Investor demand collapsed 2017-2019 (banking royal commission). Rents grew just 1.2% per year.
    Existing investors are grandfathered. New builds still get concessions.

    The "sacred cow" was always about subsidising wealth extraction, not housing supply.

    #auspol #housingcrisis #negativegearing

    au.finance.yahoo.com/news/nega

  10. Property Tax Laws Shift: Negative Gearing for Existing Homes Altered

    How do the new negative gearing rules for existing homes affect investors? Learn what changed on Budget night 2026 and how it impacts your tax deductions.

    #propertytax, #investing, #housingmarket, #budget2026, #negativegearing

    newsletter.tf/new-negative-gea

  11. Starting May 2026, investors can no longer use losses from new residential property purchases to lower their income tax. This is a big change from the old rules that allowed these deductions to help lower yearly tax bills.

    #propertytax, #investing, #housingmarket, #budget2026, #negativegearing
    newsletter.tf/new-negative-gea

  12. Amy Remeikis

    'Anyone who currently owns an investment property will be able to continue to negatively gear it or, put another way, have the taxpayer subsidise them for their loss...you can only do it if you are making a loss. So you have to be prepared to make a loss, which the taxpayer will then subsidise'

    #housing #ausPol #federalBudget #negativeGearing

    thenewdaily.com.au/finance/new

  13. Amy Remeikis

    'Anyone who currently owns an investment property will be able to continue to negatively gear it or, put another way, have the taxpayer subsidise them for their loss...you can only do it if you are making a loss. So you have to be prepared to make a loss, which the taxpayer will then subsidise'

    #housing #ausPol #federalBudget #negativeGearing

    thenewdaily.com.au/finance/new

  14. Structural Tax Revisions Surface as Federal Budget Focus

    Will the Australian government change negative gearing and capital gains tax in the May 2026 budget? Learn how these new rules affect property investors today.

    #australiabudget, #negativegearing, #taxreform, #australianproperty, #housingmarket

    newsletter.tf/australia-budget

  15. The government is planning to cut the capital gains tax discount from 50% to 25%. This is a big change from their previous promises to keep tax rules the same.

    #australiabudget, #negativegearing, #taxreform, #australianproperty, #housingmarket
    newsletter.tf/australia-budget

  16. I note the #Albanese Government has finally done something about #NegativeGearing and the #CapitalGainsTax in the Budget.

    It is only four years late for this mob and it should never have been made in the first place by John Howard’s Government. But as @amyremeikis.bsky.social points out in her excellent book, everything that is wrong with Australia started under the Howard Government.

    The Negative Gearing change ‘grandfathers’ (ie, does not apply to) people with existing properties … that would be nearly every politician in the Federal Parliament.

    I’ll write that again … the changes to negative gearing do not apply to nearly every single politician in the Federal Parliament.

    #AusPol #Budget2026 #Budget26

    Edited to add a hashtag

  17. I note the #Albanese Government has finally done something about #NegativeGearing and the #CapitalGainsTax in the Budget.

    It is only four years late for this mob and it should never have been made in the first place by John Howard’s Government. But as @amyremeikis.bsky.social points out in her excellent book, everything that is wrong with Australia started under the Howard Government.

    The Negative Gearing change ‘grandfathers’ (ie, does not apply to) people with existing properties … that would be nearly every politician in the Federal Parliament.

    I’ll write that again … the changes to negative gearing do not apply to nearly every single politician in the Federal Parliament.

    #AusPol #Budget2026 #Budget26

    Edited to add a hashtag

  18. Prime Minister Defends Housing Tax Reforms With Childhood Narrative

    Prime Minister Albanese explains new housing tax rules by talking about growing up in public housing. Find out how it affects property investors and renters.

    #HousingTax, #Albanese, #NegativeGearing, #CGT, #AustraliaHousing

    newsletter.tf/pm-albanese-defe

  19. Prime Minister Albanese is using his childhood story of living in public housing to explain new housing tax changes. This is a big shift from previous government promises.

    #HousingTax, #Albanese, #NegativeGearing, #CGT, #AustraliaHousing
    newsletter.tf/pm-albanese-defe

  20. BUDGET 2026: TAX SHIFTS IGNITE FIRESTORM, PARLIAMENTARY CLASHES ERUPT

    Australia's 2026 Budget changes negative gearing and capital gains tax. Find out how it affects property investors and first-home buyers.

    #Budget2026, #PropertyTax, #NegativeGearing, #CapitalGainsTax, #AustraliaHousing

    newsletter.tf/australia-budget

  21. Coalition Vows to Dismantle Tax Reforms in Budget Aftermath

    Coalition plans to repeal new capital gains tax and negative gearing rules. Find out how this affects property investors and the housing market.

    #TaxReform, #PropertyInvestors, #Budget2026, #Coalition, #NegativeGearing

    newsletter.tf/coalition-undo-t

  22. Federal Budget 2026: Tax Overhaul Amid Housing Concerns

    Australia's 2026 budget changes negative gearing and CGT, aiming to help 75,000 first-home buyers. Find out how it affects you.

    #Budget2026, #HousingAustralia, #TaxReform, #FirstHomeBuyer, #NegativeGearing

    newsletter.tf/2026-budget-tax-

  23. AUSTRALIAN GOVERNMENT SHIFTS TAX TACTICS ON PROPERTY INVESTORS

    Australian government changes tax breaks for property investors. Find out how negative gearing and CGT discount changes affect you.

    #AustralianTax, #PropertyInvestors, #NegativeGearing, #CGT, #HousingAustralia

    newsletter.tf/australia-tax-ch

  24. Budget 2026: Tax Overhaul Signals Shift, Opposition Unconvinced

    Australia's 2026 budget changes negative gearing tax rules from July 1. Find out how property investors and first-home buyers are affected.

    #Budget2026, #NegativeGearing, #PropertyTax, #AustraliaNews, #HousingAffordability

    newsletter.tf/australia-budget

  25. Australia's 2026 budget includes major tax changes, moving away from tax breaks for established property investors. This is a significant shift from previous policies.

    #Budget2026, #NegativeGearing, #PropertyTax, #AustraliaNews, #HousingAffordability
    newsletter.tf/australia-budget

  26. Federal Budget 2026: Reforms Target Housing, Tax Landscape Shifts

    Australia's 2026 Federal Budget tonight changes housing and tax laws. Find out how capital gains tax and negative gearing affect you.

    #AustraliaBudget, #TaxReform, #HousingCrisis, #CapitalGainsTax, #NegativeGearing

    newsletter.tf/australia-budget

  27. Breaking: property portals and real estate lobbyists deeply concerned about renters. After extensive consultation with real estate agents, they’ve concluded the only way to keep rents affordable is more tax breaks, more subsidies, and even higher house prices. Strange how every ‘solution’ somehow ends with landlords getting richer.

    #australia #housingcrisis #negativegearing #realestate #auspol

    news.com.au/finance/economy/fe

  28. @PeterLG Agreed — ending negative gearing for multiple properties and properly taxing capital gains would hit investor speculation hard and help bring prices down. That's long overdue.
    But here's the rub: what you're proposing (and what Canada is already seeing) will eventually happen anyway. The house of cards can't stay propped up forever.
    No politician wants a sharp correction or falling 'values' on their 3-year watch, so both major parties keep pumping migration and protecting investor perks to delay the pain.
    The result? Young people locked out longer, more pressure on renters, and the eventual crash landing will be messier when it comes.
    We need both: serious tax reform on property speculation and migration levels matched to what we can actually house and service. Otherwise we're just kicking the crisis down the road for the next generation. Housing as a human right > protecting paper wealth.

    #HousingCrisis #NegativeGearing #Migration

  29. Here we go again. The property lobby dressing up self interest as “news”.
    Now we’re told that touching negative gearing or the CGT discount will send investors running and leave the country with no rentals. Apparently that means a 30 percent rent surge. Right on cue.
    Strange how the same people who have spent decades cashing in on generous tax breaks, driving up prices and collecting multiple properties suddenly discover a concern for “supply” the moment reform is mentioned.
    These concessions have pumped investor demand, pushed prices beyond reach and shut out first home buyers for years. Winding them back is not radical, it is overdue. Renters should not be held hostage to landlord tax perks.

    #housingcrisis #negativegearing #taxtherich

    realestate.com.au/news/propert

  30. Another day, another "hidden dangers of CGT reform" op-ed — this one authored by a buyers' advocate and founder of a property investment firm. Completely unbiased, obviously.
    The central argument: if investors don't buy existing houses, those houses will simply cease to exist. The bricks will dematerialise. The land will dissolve into the void. First home buyers cannot purchase a property unless a landlord purchases it first, apparently.
    The piece never quite grapples with the fact that a house sold by an exiting investor is… a house someone else can buy. Possibly even someone who wants to, you know, live in it.

    #HousingCrisis #NegativeGearing #AusPol #CGT #propertyInvestment #bullshit

    au.finance.yahoo.com/news/hitt

  31. @MsDropbear42 Yep. Two of the most manipulative phrases in #auspol.
    Just marketing slogans to make policies for the wealthy sound like they help ordinary people.
    Dress up tax breaks for property speculation as helping battlers and suddenly questioning it sounds un Australian.
    It’s political camouflage and the property spruiking msm shoves it down voters’ throats and sways the debate everywhere (except Victoria!!!!)
    #housing #cgt #negativegearing

  32. Funny how the property spruiking MSM will happily run endless stories about “mum and dad investors”…
    …but when the numbers show the capital gains tax discount overwhelmingly flowing to the wealthiest suburbs, suddenly it’s a quiet little article buried in finance pages.
    Almost like the housing crisis isn’t about renters vs landlords, but about tax policy subsidising speculation.
    They’ll never splash that across the front page.

    #auspol #housing #cgt #negativegearing

    au.finance.yahoo.com/news/the-

  33. Half a million landlords “in the firing line”? Spare me the crap !.

    Negative gearing has been a taxpayer funded subsidy for property speculation for decades. While investors write off their losses, young Australians are locked out of housing.
    Maybe housing should be for living in, not for harvesting tax deductions.

    #negativegearing #housingcrisis #auspol

    au.finance.yahoo.com/news/half

  34. Australia's super-generous property tax breaks—negative gearing + 50% CGT discount—have turned housing into a wealth machine for the already-wealthy. Result? Sky-high prices, falling home ownership for younger gens (36% of millennials bought before 30 vs 55% boomers), and now a hardening class divide: own property (or inherit the means) or get locked out forever. Without big tax reform, this isn't fixing itself. It's entrenching classes.

    #HousingCrisis #NegativeGearing #PropertyTax #WealthInequality #Australia #Cgt #TaxTheRich

    abc.net.au/news/2026-02-27/aus

  35. Another day, another expert explaining how negative gearing and the capital gains tax halving are straight-up welfare for landlords and speculators.
    Meanwhile young people can't buy a shed in the outer suburbs.
    If this isn't class warfare from above, I don't know what is. End it now.

    #AusPol #NegativeGearing #HousingCrisis #TaxTheRich

    youtube.com/watch?v=RXL2tGtNMJ0

  36. Parliamentary Budget Office drops the truth bomb: 59% of the 50% CGT discount bonanza goes to the richest 1% (earning >$362k).
    The system is rigged—tax breaks for millionaires while housing becomes a fantasy for the rest of us. Scrap this inequality engine.

    #CGTDiscount, #HousingCrisis, #Auspol #BuildSocialHousing #NegativeGearing

    theguardian.com/business/grogo

  37. @timrichards Great article calling out investor tax breaks as the bigger culprit in Australia’s housing mess, not migrants (it’s behind a paywall). But it misses a key real-world example: Victoria has hit investors hard with higher land taxes, lowered thresholds, vacant residential land taxes (now statewide), etc. Result? Melbourne’s median house price (~$1.06–1.11M recently) lags well behind Sydney’s (~$1.7M+), with slower growth and more first-home buyer entry. Proof that curbing investor advantages can actually tame the ponzi-like property market without killing the economy

    #auspol #negativegearing #cgt #ponzi #housingcrisis

  38. Another @news.com.au tearjerker: a 'huge hit' to property investors if we dare touch their sacred 50% capital gains tax discount. Poor dears—nurses, teachers, the lot—might lose their speculative windfall!
    Meanwhile, property speculation fueled by these very tax rorts has supercharged prices, locked out first-home buyers, driven rents through the roof, and left thousands homeless or destitute on our streets. Over 120k without a home, millions at risk from one rent hike or job loss, while investors hoard for tax-subsidised gains.
    Priorities, eh Rupert? Tax breaks for the wealthy over roofs for the vulnerable. Time to end the rort and fund real housing.

    #HousingCrisis #Homelessness #TaxTheRich #EndSpeculation #PeopleOverProfit #NegativeGearing

    news.com.au/finance/economy/au

  39. @Old_IT_geek Respect for voting for Shorten's reforms even though you'd cop a hit — that's rare integrity in this game.
    Totally agree: ditch the 50% CGT discount on investment properties (speculative hoarding, not productive), and scale back franking credits that let companies dodge tax while starving reinvestment.
    But let's be real: very little chance the property-rich pollies in Canberra will actually change anything meaningful. Over half of federal MPs own multiple properties (some 5–7+ investments), averaging ~2 per person — way above the average Aussie household. They're literally legislating their own tax perks.
    No wonder the rort survives. We need outsiders pushing harder.

    #AusPol #HousingCrisis #TaxTheRich #PropertyRort #NegativeGearing

  40. The government literally spends more on tax handouts to property investors than it does on social housing + homelessness services + rent assistance combined.
    Meanwhile waitlists blow out, rents crush people, and homelessness keeps climbing.
    Tme to axe negative gearing and the 50% cgt discount and actually build homes for people, not just wealth for landlords

    #housingcrisis #taxtherealestateclass #negativegearing #endcgtdiscount

    youtube.com/watch?v=5-lO2S_SeH4

  41. @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