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Negative gearing changes on the table before May budget, Jim Chalmers confirms
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Zagorath aussie.zone Zagorath@aussie.zone
Joined: 2023-06-15
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19   Original
ikt aussie.zone Eyekaytee@aussie.zone
Joined: 2023-06-17
#2 · Quote Reply

The treasurer, Jim Chalmers, confirmed that changes were being examined in the lead-up to the May federal budget after reports his department was modelling rules that would limit negative gearing to two investment properties.

That's one too many imo but still even this would be good to see

9
thatKamGuy sh.itjust.works thatKamGuy@sh.itjust.works
Joined: 2023-07-11
#3 · Quote Reply

The treasurer, Jim Chalmers, confirmed that changes were being examined in the lead-up to the May federal budget after reports his department was modelling rules that would limit negative gearing to two investment properties. That's one too many imo but still even this would be good to see

Anything is better than the current environment, I’d honestly like to just see us get something on the books to try and control property speculation.

We can always continue to improve and fine-tune as we go - shouldn’t let perfect be the enemy of good

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Zagorath aussie.zone Zagorath@aussie.zone
Joined: 2023-06-15
#4 · Quote Reply

The treasurer, Jim Chalmers, confirmed that changes were being examined in the lead-up to the May federal budget after reports his department was modelling rules that would limit negative gearing to two investment properties. That's one too many imo but still even this would be good to see

Classic Labor. "Here's a good idea, we're gonna do something half as good!"

2
Hanrahan slrpnk.net hanrahan@slrpnk.net
Joined: 2023-03-14
#5 · Quote Reply

negative gearing should only apply to new builds AND be constrained to expense against the buildings income itself.

3
No1 aussie.zone No1@aussie.zone
Joined: 2023-06-21
#6 · Quote Reply

negative gearing should only apply to new builds AND be constrained to expense against the buildings income itself.

And there should be a limit on the number of houses you can do it for. In your entire life.

2
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