Attributing blame to a select group for the housing crisis is unfair, especially since this minority group consists of hard-working individuals who have done nothing more than use tax laws commonly deployed by most taxpayers.
Scott Morrison says negative gearing rules will stay
At a meeting of state and federal treasurers on Friday, Scott Morrison said negative gearing would stay. He also outlined new ways to attract private investment into affordable rental housing.
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.
Chris Bowen says housing affordability at 'crisis levels'
Shadow Treasurer Chris Bowen has spoken about the decline in Australia's housing affordability, saying we are 'a nation that can no longer house its own children.'
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.
