Greens demand negative gearing change before backing homebuyer scheme
Prime Minister Anthony Albanese faces fresh pressure to rein in property investors’ tax breaks, with the Greens demanding changes to negative gearing and the capital gains tax discount as the price for its support for establishing a shared equity scheme to help low-income earners buy a home.
The minor party’s determination to force the issue in parliament this week comes as Treasurer Jim Chalmers gave his firmest indication yet that changes to negative gearing and the CGT discount were not on the government’s agenda.
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