The rumours of action on the capital gains tax discount and negative gearing are louder than before any budget this century. But is the PM up to the task?
That’s completely not true. Look at the register of interests, few properties, many private companies. They are obviously not property investors, just simple business people. Those private companies, of course, make their money from, you guessed it, property investment
Unfortunately, they wont do that because too many politicians are also property investors…
Albo also doesn’t have the balls to implement that level of change.
He’s got three terms minimum, the perfect time to implement long term changes (without the election to election policies we’ve been doing).
However we’ve already wasted a term and a half
But GDP line must go up (even if it’s not production and actively hurts us).
Anything else is political suicide. /s sort of
That’s completely not true. Look at the register of interests, few properties, many private companies. They are obviously not property investors, just simple business people. Those private companies, of course, make their money from, you guessed it, property investment