The Kouk: Negative gearing reform to “put a floor on house prices”!
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I know Stephen Koukoulas is a Labor guy and is a good team player, but he’s drawing a long bow suggesting that Labor’s negative gearing and capital gains tac (CGT) might actually “put a floor on house prices”:
The government is claiming that the negative gearing change will “take a sledgehammer”, “smash” and “punish” everyone in Australia…
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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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