Pauline Hanson shares radical negative gearing, CGT plan
One Nation says negative gearing should be limited to two investment properties per person and opposes Labor's capital gains tax changes.
8 Articles
8 Articles
Pauline Hanson says tax reforms will leave younger people worse off
One Nation leader Pauline Hanson says her party will oppose the federal government's capital gains tax reforms, claiming it will leave younger Australians worse off.In a Facebook post today, she says negative gearing - under which homeowners were able to deduct a net loss from a residential investment property from their overall income, thereby reducing their yearly tax bill - should be allowed for a maximum of two homes for everyone.Treasurer…
Ahead of the federal government's impending announcement of reforms to negative gearing and capital gains tax (CGT) incentives, One Nation leader Hansen has proposed a new plan that retains the negative gearing system but limits each person to a maximum of two investment properties for which they can claim tax benefits. Hansen stated that while the government claims the reforms are intended to help young people buy property, they actually underm…
Hanson backs investor tax breaks for two homes - The Indian Sun
Pauline Hanson has backed negative gearing on two homes for every Australian, opening a new front in the political fight over Labor’s Budget changes to property investment and capital gains tax. The One Nation leader used a post on X on Wednesday morning to reject Labor’s housing tax changes and place her party between the Coalition’s promise to repeal the measures and the government’s claim that the reforms are needed to improve fairness and di…
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