Modelling claims housing market will be hit by Labor's negative gearing plan | Sky News Australia

JEChalmers MBA_Aust Did Chalmers cry thru this interview or is that only job applications Putrid Sook

JEChalmers MBA_Aust Poor old Sooky La La Chalmers obviously doesn’t even understand his own policy or he has caught his Leaders bug as is lying. How can he say his policy will have impact on the housing market - in the future. The modelling did exactly that looked st the future. 🛑 the BS Sooky!

JEChalmers MBA_Aust Don't think id be putting much into ANYTHING the MBA_Aust have yo say.. Looks like another Rw branch of the CorruotCoalition auspol qt senateqt

SeanBradbery JEChalmers MBA_Aust Jim here's an idea you might want to look into, go after the big accounting firms who set up these offshore tax havens they put the money in them, they can recover the unpaid tax if they fail to comply deregister them from practising in Australia.

JEChalmers MBA_Aust But grandfathering will only make it worse. I can see a reduction in supply in the market as investors hold onto stock and what happens when supply is reduced?

JEChalmers MBA_Aust Rubbish! Home owners and investors! Do NOT vote Labor at election. It will cost you 10s of thousands of dollars.

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Labor risks housing market hit with negative gearing plan | Sky News AustraliaLabor’s $32 billion plan to end negative gearing and slash the capital gains discount could result in fewer homes being built across the country and to fewer jobs in the market, according to a new report. \n\nThe Australian reports modelling of the opposition’s key property policies forecasts a $12 billion downturn in construction activity in the first five years of the policy implementation. \n\nThe downturn would result in a fall in new housing construction of up to 42,000 dwellings, and 32,000 fewer jobs across the country. \n\nImage: Gary Ramage \u002F News Corp Australia\n\n RichardMarlesMP So Labor does believe that tax breaks drive economic activity? RichardMarlesMP New builds receive negative gearing (like any other investment) but they also get depreciation... soooo this argument about taking it off existing properties is stupid. RichardMarlesMP Am self funded retiree have one negative gearing I am a retired RN who was wise enough to join Super before it was compulsory & salary sacrifice I have a small amount of shares for franking dividend. Obviously AustralianLabor want more on pensions LiberalAus Barnaby_Joyce
Source: SkyNewsAust - 🏆 7. / 78 Read more »