The Greens balance of power demands to abolish Negative Gearing and double Capital Gains Tax on rental properties, will add $83 a week to average capital city rents on top of normal increases, according to new independent modelling.
Tagged: Capital Gains Tax
Albanese will want to accept Bandt’s housing proposals because they’re in Labor’s DNA
If PM Albanese does not immediately and outright reject Adam Bandt’s demand he ditch negative gearing and double tax on capital it will be a tacit admission a Labor government will succumb in government.
ALP would make Australia the second most expensive OECD country for Capital Gains Tax
Such "low tax" countries as Germany, France, Italy and even New Zealand tax capital gains at 0%, but Labor would tax at a level second only to Denmark.
