Latest article from AFR showing that when house prices is falling, ALP's negative gearing change and GST discount changes could have significant impact on house prices. This is in effect a tax on your home
By decreasing the value of everyone's home by an estimated 5-10%, if you just saved up for a 10% mortgage and just brought a home, the ALP has just taken your 10% mortgaged and left you without any equity in the home.
This is a badly through out regressive tax that hurt the poorest Australian
https://www.copyright link/real-est...gearing-debate-back-into-play-20181002-h164hc
