Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - AU
The Guardian - AU
National
Paul Karp

Labor faces a fight on housing. Could negative gearing reform help it get its groove back?

Bill Shorten and Anthony Albanese
Bill Shorten says the verdict on his 2019 platform on negative gearing and capital gains tax reform was delivered at that year’s election – but, he added, people ‘weren’t ready’ at the time. Photograph: Lukas Coch/AAP

Labor’s signature housing policy, a shared equity scheme called Help to Buy, will go to a Senate vote this week. The Greens have used the bill to push for cuts to negative gearing and capital gains tax concessions but in negotiations the government has not budged.

In February, Anthony Albanese said: “The Greens can vote for it, or they can vote against it … it’s as simple as that.” Since then, nothing has changed.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.