Labor to abolish negative gearing and cgt?

looks like the days of using property to offset the yearly tax bill for the capital gain may come to an end under labor

from the afr:

'The federal government is considering changes to scale back negative gearing and capital gains tax concessions that could have a huge impact on the federal election, according to The Sydney Morning Herald'

https://www.copyright link/politics...gative-gearing-changes-report-20240925-p5kd9h