Why GST reform may matter more than negative gearing
As Parliament debates proposed changes to negative gearing and capital gains tax, some property industry leaders argue Australia's housing crisis will not be solved without deeper reform aimed at boosting new housing supply.
Under the current taxation system, GST applies to new residential construction but not to established dwellings or commercial. (Image source: Kummeleon/Shutterstock.com)
Australia’s housing affordability crisis has become one of the defining economic and political issues of the decade, yet there remains deep division over how best to address it.
The Federal Government’s proposed changes to negative gearing and capital gains tax concessions
, which was introduced to Parliament last week, have reignited debate over the role investors play in the housing market and whether taxation reform can meaningfully improve aff…
