The Age
·general
·1 hour ago
Kill the sacred cow of investor tax breaks
Australia's wealth gap widens as investor tax breaks fuel housing affordability crisis. Census data shows roughly 1 million Australians own over 3 million investment properties while 125,000 people remain homeless. A letter writer argues eliminating negative gearing and capital gains tax concessions would redirect properties to first-time buyers and increase housing availability for home ownership.
Summary by Glance · The Age
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