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One by one, the property lobby parasites are coming out of the wood work to lambast the ALP’s property tax policy, which would restrict negative gearing to newly constructed dwellings and halve the rate of capital gains tax.
This time, it is the Real Estate Institute of Australia’s (REIA) turn, who has just published the following media release:
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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