The Australian Council of Trade Unions is pushing to limit negative gearing and capital gains tax discounts to just one investment property.
So who stands to win or lose the most if it happens? And is the Albanese government likely to act on the proposal, given Labor has been burnt on the issue before?
My research on Australian housing finance shows negative gearing and capital gains tax discounts were not designed with rental housing in mind – yet this is where they’ve had their greatest impact.
