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Features Australia

Stupid policy is as stupid government does

Jim Chalmers & negative gearing

5 October 2024

9:00 AM

5 October 2024

9:00 AM

Watching the Albanese government brings to mind the 1990s movie Forrest Gump. The government’s policies are ‘like a box of chocolates. You never know what you’re gonna get’.

Having gone to the 2022 election committing to not make changes to negative gearing or capital gains tax, the Albanese government has now tasked Treasury to look at ‘options to curb the use of negative gearing and the capital gains tax deduction for investors’.

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Disclosure. The author does NOT own any investment property.

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