.jpg&w=320&h=320&output=jpg)
Full Story
Could ditching negative gearing be the bold move Albanese needs?
Sep 26, 2024
Bridie Jabour, a political commentator specializing in housing policies, joins chief political correspondent Paul Karp to delve into the complexities of negative gearing in Australia. They discuss how this controversial tax incentive could impact future elections, especially after its role in Labor's 2019 defeat. Jabour and Karp explore the government's potential reassessment of housing laws, the intricate dynamic between political parties, and the public's readiness for reform amid rising living costs, making it a hot topic for upcoming electoral strategies.
14:57
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The Albanese government is reconsidering negative gearing reforms, highlighting the ongoing political debate surrounding housing and taxation in Australia.
- Mixed public and political responses to potential reforms underscore the complexities of balancing housing supply concerns with tax changes for investors.
Deep dives
Negative Gearing Revisited
Negative gearing is a contentious issue in Australian politics, significantly affecting property investors' tax liabilities. Recent discussions have emerged surrounding potential reforms as part of a housing bill, with the Albanese government weighing options to limit tax concessions. Despite initial hesitation from the government, indications suggest that some internal discussions have taken place regarding changes to both negative gearing and capital gains tax. This renewed interest highlights the political sensitivity around the issue, especially in light of its role in previous electoral losses for Labor.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
