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The Guardian - AU
The Guardian - AU
National
Josh Butler

What’s really going on with negative gearing? Here are four paths for change

Joe Hockey Labor Greens Anthony Albanese Jacqui Lambie David Pocock Parliamentary Budget Office
For sale sign outside apartment block
No concrete details of the latest Treasury modelling on negative gearing has been released – but plenty of others have offered suggestions for policy changes. Photograph: Mick Tsikas/AAP

Negative gearing has a near-mythical status in Australian politics: reform attempts are viewed by some as an electoral landmine, others as a long-overdue change for housing market equity.

During a frenetic 36 hours this week, changes to negative gearing and capital gains tax were mooted, tentatively backed by numerous Labor MPs and then seemingly snuffed out (for now) by the prime minister, Anthony Albanese.

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