Scott Morrison: Labor’s negative gearing changes “crap”

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By Leith van Onselen

Australia’s real estate treasurer, Scott Morrison, has launched another classless and evidence-free attack against Labor’s proposed reforms to negative gearing, labelling them “crap” on ABC Radio this morning. From The Australian:

Treasurer Scott Morrison has labelled Labor’s answer to housing affordability – limiting tax breaks for property investors – as “crap”…

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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.