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Chalmers splits hairs on negative gearing to back up Albanese’s claim

  • Labor proposed changes to negative gearing and capital gains tax in the 2016 and 2019 elections.
  • Chalmers stated that the government had not commissioned modeling on negative gearing, and Treasury views it as unlikely to improve the economy.
  • Greens leader Adam Bandt criticized both major parties for opposing reform on tax concessions, which he claims will cost $180 billion in lost revenue over a decade.
  • The Greens leader Adam Bandt stated that major parties oppose tax concessions costing $180 billion in forgone revenue over the decade.
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News broke the news in on Wednesday, April 16, 2025.
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