21 |The Negative Gearing Debate in Australia
The Property Couch
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Is There a 30% GST Tax Increase?
Bross: A decision for 30% is going to affect 100% of the economy. So I do worry about just looking at eating isolation from a tax revenue point of view. In a city location, when we're talking about houses and small developments, there won't be an impact on those affordability won't change. Where it's going to affect it is the house and land package buyers who have bought off the plan. And they are traditionally, you know, there's a fair bit of investor activity in that marketplace at the moment. Just generally speaking, so the government don't want to affect your first home or your mum and dad’s second home. It will not change the
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