Original article by Andrew Tillett, Misa Han
The Australian Financial Review – Page: 4 : 9-Jan-18
The Australian Labor Party has argued that a Treasury analysis produced almost two years ago demonstrates that its policy on negative gearing will boost housing affordability. The analysis, which was obtained under Freedom of Information laws, concluded that Labor’s proposed changes to the negative gearing and capital gains tax regimes would have relatively little negative effect on house prices. Shadow treasurer Chris Bowen has indicated that the proposed reforms will be part of Labor’s policy platform at the next federal election.
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE TREASURY, PROPERTY COUNCIL OF AUSTRALIA LIMITED