The Greens have told Labor that leaving negative gearing unchanged for existing property investors while winding back the tax break for new entrants could be part of a deal to get the minor party’s support for the Albanese government’s latest housing legislation.
Prime Minister Anthony Albanese has repeatedly ruled out negotiating with the Greens to win support for Labor’s Help to Buy scheme, although the minor party has expressed its willingness to discuss a compromise.
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Tom McIlroy is the Financial Review’s Canberra bureau chief based in the press gallery at Parliament House. He was previously the AFR’s political correspondent. Connect with Tom on Twitter. Email Tom at thomas.mcilroy@afr.com
