Responding to the recent announcement by the Leader of the Opposition, Bill Shorten, that there would be no decisions made regarding changes to existing negative gearing and capital gains taxation arrangements until after the federal election, the Real Estate Institute of Australia (REIA) asks whether this is because the ALP doesn’t want any voter backlash in the lead up to the election.
“All Australians need to know what and when a Labor Government, if elected, will do regarding property taxation. It is not acceptable to appear to be ‘having a couple of bob each way’ in the lead up to the election,” REIA President Adrian Kelly said.
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REIA News – March 2021