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Negative gearing

This Month

Capital gains benefit spikes to $22.7b as property investors sell out

Treasury estimates forgone taxes from the capital gains tax discount in 2024-25 have more than doubled since the last estimate in February 2023.

  • Ronald Mizen and Michael Read
Jim Chalmers and Katy Gallagher will hand down MYEFO on Wednesday.

Tax rise on $3m-plus super accounts ‘unfinished business’: Chalmers

Jim Chalmers says he’ll keep pursuing higher taxes on $3 million-plus superannuation accounts, but won’t go after negative gearing.

  • Phillip Coorey

November

Steven Kennedy has played down the prospect of changes to negative gearing or capital gains tax.

Changing CGT, negative gearing won’t help housing supply: Treasury

Treasury secretary Steven Kennedy says curbing the capital gains tax deduction would have more impact on lowering house prices than changes to negative gearing, but neither would help boost supply.

  • Phillip Coorey and Hannah Wootton

October

Treasurer Jim Chalmers has hedged on who commissioned the modelling.

‘Not convinced’: Chalmers kills off negative gearing changes

The treasurer says expert modelling on tax concessions for property investors show changes would not help the supply side of Australia’s housing crisis.

  • Tom McIlroy

Costello backs negative gearing: ‘It’s not a concession’

Both the former treasurer and Opposition Leader Peter Dutton say negative gearing should be upheld as a basic principle of our tax system.

  • Campbell Kwan and Nick Lenaghan
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The rate of price growth is already slowing, even in the strongest markets.

‘Be careful what you wish for’ in property tax reform

Any benefit from falling house prices by curbing investor concessions may be short-lived. And there would be a price to pay, say property experts.

  • Nick Lenaghan
 Young property investor Edward Jiang, at his home in Guildford in Sydney.

Young voters fear axing negative gearing could worsen housing crisis

More renters want changes to the tax incentive but there is no groundswell for change.

  • Andrew Tillett and Campbell Kwan
Opposition Leader Peter Dutton is making the election a housing fight.

Dutton raises housing stakes with $5b pledge to build 500k homes

Opposition leader says a government he leads would spend $5 billion on enabling infrastructure for housing, and ban changes to the national construction code for 10 years.

  • Phillip Coorey
While economists have mixed views on negative gearing, almost all agree there is a strong case to review and scale back the 50 per cent capital gains tax discount.

Curtailing capital gains tax discount could raise $5b

While economists are mixed on negative gearing, almost all agree there is a strong case to review and scale back the 50 per cent CGT markdown.

  • Michael Read

Will cutting negative gearing fix the property crisis?

This week, Michael Read and Tom McIlroy discuss whether winding back the two big tax advantages to buying property – negative gearing and the capital gains tax discount – will help solve Australia’s housing crisis.

Tax policy restrictions on housing investors would be a negative for investors in Westpac and CBA, says Citi.

Negative gearing changes would be a drag on bank stocks: analysts

Citi examined restrictions on housing investor tax settings in New Zealand, and Australia in the 1980s, and found they helped rents go up.

  • James Eyers

Naive to think Labor should have delayed Voice vote

Readers’ letters on the failed Voice referendum; home loan serviceability buffers; NDIS claims; cloud seeding; and landlord tax reform.

The housing policy choices facing voters

What are the choices facing voters in 2025 and which policies will actually help address the shortages of supply in Australia’s hectic property market?

  • Tom McIlroy
Change the tax framework? The changes would be less than both sides of the debate argue.

We’re more nuanced on negative gearing than five years ago

Disadvantages for investors – and gains for aspiring owners – would be more modest than many expect, if Australia’s property tax regime changed.

  • Robert Harley
Big imbalance: Housing demand is deep, but costs make new development projects unviable.

High rates, low confidence - and tax cloud - hit housing pipeline

Australia’s need for new housing is intense, but in a market where feasibilities are “challenging”, that’s not translating into new homes.

  • Michael Bleby and Nila Sweeney
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Treasurer Jim Chalmers.

Chalmers digs in on negative gearing advice

Treasurer Jim Chalmers again hedged when questioned if he had asked officials to model changes to tax concessions for property investors.

  • Updated
  • Tom McIlroy

September

Prime Minister Anthony Albanese.

Labor members want negative gearing changes in ambitious housing plan

Labor for Housing, a national group of members, wants Labor to adopt an 80 per cent homeownership target by 2040.

  • Ronald Mizen
The Chanticleer podcast features James Thomson and Anthony Macdonald.

Negative gearing explodes | Coles’ and Woolies’ dodgy discounts | The corporate Power list

This week on the Chanticleer podcast, James and Anthony look at how the supermarket giants were accused of dodgy discounting, ask who will win the brawl over negative gearing, and examine the corporate Power list.

Do you know this week’s news? Answer these 10 questions

Have you been paying attention this week? Test your knowledge across politics, business and world news.

  • Daniel Arbon
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Star dives 50pc; Endeavour CEO exits; Negative gearing admission

Read everything that’s happened in the news so far today.

Original URL: https://www.afr.com/topic/negative-gearing-601