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Negative gearing changes on the table before May budget, Jim Chalmers confirms (www.theguardian.com)

submitted 3 weeks ago by Zagorath@aussie.zone to c/australianpolitics@aussie.zone

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[–] Eyekaytee@aussie.zone 9 points 3 weeks ago (2 children)

The treasurer, Jim Chalmers, confirmed that changes were being examined in the lead-up to the May federal budget after reports his department was modelling rules that would limit negative gearing to two investment properties.

That's one too many imo but still even this would be good to see

[–] thatKamGuy@sh.itjust.works 8 points 3 weeks ago

Anything is better than the current environment, I’d honestly like to just see us get something on the books to try and control property speculation.

We can always continue to improve and fine-tune as we go - shouldn’t let perfect be the enemy of good

[–] Zagorath@aussie.zone 2 points 3 weeks ago (1 children)

Classic Labor. "Here's a good idea, we're gonna do something half as good!"