How Albanese could tweak negative gearing to save money and build more new homes (theconversation.com)

submitted 7 months ago by rainynight65@feddit.de to c/australia@aussie.zone

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[-] Custoslibera@lemmy.world 8 points 7 months ago

We literally just had politicians vote against their own self interest by reducing stage 3 tax cuts.

It’s possible they will do the same for negative gearing.

[-] No1@aussie.zone 3 points 7 months ago* (last edited 7 months ago)

Politicians didn't need the tax cuts.

They already gave themselves a 4% pay rise, their biggest increase in a decade

[-] Suspiciousbrowsing@kbin.social 1 points 7 months ago

Aren't their wage increases determined by an independent group/board ?

[-] No1@aussie.zone 3 points 7 months ago* (last edited 7 months ago)

And the President of that is a former CEO of Australia’s largest commercial property services firm, and former National President of the Property Council of Australia.

C'mon, you know how this works

[-] Taleya@aussie.zone 2 points 7 months ago

Ayup. Get them scared enough and self preservation will override the greed

this post was submitted on 07 Feb 2024

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