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PM yet to be convinced housing tax changes won’t hurt supply

Phillip Coorey

Anthony Albanese says he’s yet to be convinced that curbing negative gearing and capital gains tax deductions for investors would improve housing supply and affordability, as economists remain split over to what extent such changes would help.

While keeping alive the prospect of taking a policy to the next election, the prime minister said he personally had not commissioned Treasury to examine options for the government.

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Phillip Coorey is the political editor based in Canberra. He is a two-time winner of the Paul Lyneham award for press gallery excellence. Connect with Phillip on Facebook and Twitter. Email Phillip at pcoorey@afr.com

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    Original URL: https://www.afr.com/politics/federal/pm-yet-to-be-convinced-housing-tax-changes-won-t-hurt-supply-20240925-p5kdel