Government Mum on Changes to Negative Gearing, Capital Gains Tax

The government has dismissed any immediate possibility of changes to negative gearing. However, it has not completely shut the door, stating that they “keep looking at all policy options all the time.”

Speculation about potential changes surged after reports claimed the government had commissioned the Treasury to model possible adjustments to tax arrangements for investment properties.

When asked if an overhaul of negative gearing or capital gains tax was included in Labor’s housing policy measures, Treasurer Jim Chalmers dodged the question, stating, “We’ve got a housing policy, and that’s not in it.”

Chalmers added that it is not unusual for the Treasury to seek advice from departments on issues in the public domain or under parliamentary discussion.



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