Malcolm Turnbull says 'no' to negative gearing changes
NSW Planning Minister Rob Stokes has called on the federal government to consider changes to negative gearing, ahead of next week's housing affordability meeting between state treasurers.
The community has rights and those rights can be enhanced by laws that will lower the cost of construction, laws that will reinstate the powers of the ABCC.
The current WA real estate market is behaving quite differently to markets on the East Coast, so for us it was critical to look at the impact tinkering with negative gearing would have locally.
Investors as well as property owners can now breathe a big sigh of relief knowing that there will now be no changes to negative gearing as a result of the election of the Coalition Government.
The need to re-establish the Australian Building and Construction Commission is very real and we urge the government to find a legislative pathway to deliver this important reform.
Commercial property investors call for political clarity
Commercial property investors are concerned political uncertainty will damage business confidence in Canberra, and are questioning the delay in determining the election outcome.
