Real estate industry launches campaign against Labor’s planned tax changes | Sky News Australia

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 78%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

REIA President Adrian Kelly says it’s not the first time Labor has introduced this policy, with Bob Hawke and Paul Keating scrapping negative gearing in the 1980s, a policy that failed. Credlin

Real Estate Institute of Australia has launched a campaign against Labor’s planned changes to negative gearing and capital gains tax.

President Adrian Kelly says it’s not the first time Labor has introduced this policy, with Bob Hawke and Paul Keating scrapping negative gearing in the 1980s, a policy that failed. Mr Kelly says the is fighting hard so it won’t happen again, as at the time rents went up by 40 per cent, and could go ‘through the roof’ again if Labor was elected in May.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines