Make Housing More Affordable

Housing affordability is one of the biggest issues facing Australians. Working and middle class Australians are increasingly being prices out of the housing market and are having to take on levels of debt unimaginable a few decades ago.

I am calling on the government to take action on housing affordability by reforming negative gearing and the capital gains tax.

Help communicate to the Government the need for reform to negative gearing and capital gains tax concessions.

Labor will limit future negative gearing concessions to new housing and reduce the CGT discount from 50 per cent to 25 per cent. These changes will moderate the growth of house prices and redirect generous tax concessions to where we most need investment – in new housing