Forum

 
  Back to OzPolitic.com   Welcome, Guest. Please Login or Register
  Forum Home Album HelpSearch Recent Rules LoginRegister  
 

Page Index Toggle Pages: 1
Send Topic Print
Aussies Back Major Property Tax Shake Up (Read 98 times)
whiteknight
Gold Member
*****
Offline


Australian Politics

Posts: 9147
melbourne
Gender: male
Aussies Back Major Property Tax Shake Up
Apr 11th, 2026 at 10:53am
 
Aussies back major property tax shake-up in new research   Smiley
Anthony Albanese’s government is considering sweeping tax changes and new polling shows Aussies want him to target one group of people in a big way.


News.com.au
April 3, 2026

Australians are ready to make a monumental change to the property market, calling for the slashing of investor tax perks and redirecting money into social housing, new research reveals.   Smiley

Cutting investor tax concessions and building social housing is no longer a controversial or divided political issue, with more Australians now backing these changes in a bid to counter housing affordability.

A new analysis conducted for The Australia Institute and Everybody’s Home in March found the majority of Australians voters were aligned when it came to reducing tax breaks for property investors.

The polling by YouGov of more than 1500 Australians revealed that one in two supported reducing tax concessions, including negative gearing and the CGT discount, while just over one quarter were opposed.

Australians who were once divided have come together to agree on the solution of how to help make housing more affordable.



Support for reducing property tax breaks was not limited to one demographic or political party.

Cutting tax breaks outweighed opposition across the political spectrum and included voters for the Coalition, Labor, One Nation, Greens, Independents and others. 


Similarly it appealed to a variety of ages too, debunking the sentiment only younger people locked out of the market wanted reform.

Across the age brackets, 60 per cent of 25-34 year olds agreed with reducing tax concessions for property investors, while 57 per cent in the age bracket 35-49 agreed and 48 per cent of over 65s were for the changes.

Additionally, more than half of respondents said building public and community housing was where they wanted to see governments prioritise housing spending.



Further research by Everybody’s Home suggested reducing these powerful incentives that fuel investor demand and drive up property prices would help more Australians be able to make their first step into the property market.

It also placed pressure on Australia’s rental market.

Since the early 1990s, the number of property investors benefiting from negative gearing has more than doubled, reaching 1.1 million, according to Everybody’s Home From Profit to Loss report.

Loss-making investors are incentivised by tax deductions to sustain their investment, rather than depending on maintaining the property and keeping the tenants satisfied.

These investors in a tighter financial position drive rent increases and have a reduced willingness to maintain properties or address tenant issues, according to Everybody’s Home analysis.



Polling revealed Australians want public funding to be pooled into building more affordable homes.

Chance to change

Everybody’s Home spokeswoman Maiy Azize said this federal budget is the government’s chance to deliver the housing solutions that Australians are crying out for.

“This housing crisis has been hurting Australians for years. Rents, property prices, interest rates and investor tax breaks keep soaring while affordable homes get harder to find,” Ms Azize said.

“These tax breaks have fuelled a landlord boom with more than one million now reaping the benefits, yet housing affordability has never been worse.


“Australians overwhelmingly want the federal government to wind back investor tax concessions because they know they’re unfair and deepening the housing crisis,” she added.   Smiley

Australians were in agreement the billions of dollars that investors benefited from every year would be better off spent on solutions which ease the housing crisis.

Back to top
 
 
IP Logged
 
Biggest donger
Gold Member
*****
Online


Australian Politics

Posts: 4764
Gender: male
Re: Aussies Back Major Property Tax Shake Up
Reply #1 - Apr 11th, 2026 at 11:09am
 
Yes making it more expensive to invest in property should go a long way to reducing rent. What a great plan.
Back to top
 

Trump derangement syndrome
Fareed Zakaria defined the term as "hatred of President Trump so intense that it impairs people's judgment"

Lets check in at 5pm on 23rd July 2025 then at 5pm on 30th July
 
IP Logged
 
Sir Grappler Truth Teller OAM
Gold Member
*****
Offline


Australian Politics

Posts: 90106
Proud Old White Australian Man
Gender: male
Re: Aussies Back Major Property Tax Shake Up
Reply #2 - Apr 11th, 2026 at 11:11am
 
That'll upset the banks and send shivers through their cashflow guarantor, the reserve 'bank'.

Look at the billions in profits they are making now out of this vastly abused investment property market.... think of the disaster to the accompanying policy of flooding the market with grasping, desperate immigrants who have flooded the market to raise the prices.... they'll all be rooned!

Amazing business - people can live at the top end for years on the income from rentals, cop every tax concession, apparently never earn a profit and pay tax, and then get a concession on any capital gains from all that.  Amazing ...

The banks, of course, will always prefer to loan at a higher rate of interest to a 'business' venture that they sit down with 'government' and nut out how to guarantee that will never collapse ... too big to fail, you see... think of the disaster to the economy if the banks couldn't make billions a year.... think of the poor struggling investors ..... think of the super funds that would collapse ....  that 'business venture' of zombie house possession ownership by absent spirits is far preferable to loaning to a real, struggling Aussie family, which may suffer break-up, illness, divorce, injury, economic downturn, unemployment, war .... you name it... and then the poor suffering bank will have to accept full pay-out and lose out on all that lovely interest over the years lost.... stuff the family .... terrible... but the business venture.... ah yes - the Business Venture ... it merely passes on to the next in line if the noble Investor Patriarch dies or something..... no problem.

Yes - investing in a business plan reaps far greater benefits for the greatest parasites in our history....... these lenders are insane in their way of interpreting 'equity' ... they are lending against future rises in property value - not on 'equity' as it stands at the moment of purchase .... it is simply not possible to instantly say a person has vast 'equity' after purchasing an investment property... not in the real world ... that takes TIME in the market to accumulate, and thus banks get in league with 'governments' to ensure those rises.

So the banks and governments have tied us all into a perpetually escalating beyond repair property market at the same time as strangling all the ventures that build HOMES ... and governments even tell us lies that all the immigrants are not brought in to raise costs for Aussies and create homelessness and unemployment and lower income levels for most - Neo-Dark Ages Poverty leading to Neo-Feudalism that benefits the 'better types' in class-less Australia - they are brought here to build houses for everyone and stoke the economy!!!

I've missed my vocation... I should have learned to be a leech in my younger days.
Back to top
 

“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams
 
IP Logged
 
Sir Grappler Truth Teller OAM
Gold Member
*****
Offline


Australian Politics

Posts: 90106
Proud Old White Australian Man
Gender: male
Re: Aussies Back Major Property Tax Shake Up
Reply #3 - Apr 11th, 2026 at 11:21am
 
Biggest donger wrote on Apr 11th, 2026 at 11:09am:
Yes making it more expensive to invest in property should go a long way to reducing rent. What a great plan.


Investment has not raised the number of available dwellings, as we are told is the mantra and justification for it ALL.  all the concessions and tax dodges etc... and the result has not been anywhere near the claimed growth in actual housing - let alone HOMING for families and individuals.

Instead the solution was to flood the market with millions more people chasing a roof over their heads... absolutely brilliant!!  So more and more are living in sh1t-boxes uncooled and unheated like some filthy Third World society and told to grin and bear it while paying out 60%+ of their incomes.  When I was in Fiji, I visited with both Fijians and Indians.... often the Fijians lived on an island etc, and basically enjoyed their 'traditional' British influenced life... fishing and stuff... not rich but rich in life ... the Indians, by contrast, had a reputation for running all the prostitution and such and being essentially low-life... and I visited an Indian family who lived in an asbestos shed with tin roof in someone else's back yard.

Who could blame them for needing to grasp for anything?

No wonder they want to come here instead.... the question is - are we obliged to accept people in need all across the world, or should we be securing our own backyard first?  We can't take in the whole world - and our immigration rules say we can't take in people as immigrants who have nothing to support them here... so they already have a leg-up on the good old long-suffering Aussie.  So the next question is - should we be taking them at all while our backyard is ovegrown with weeds and filled with rubbish?

The idea of promoting housing investment to secure housing growth has failed...  FAILED ... and it is time to call a halt to all the rorts.

What kind of idiot government offers free rein to a 'business' that apparently never makes a profit, never produces the goods, never pays tax, and succeeds only in securing further and further down-sliding in real opportunity and equality for all?

I know - a government intent on achieving those very disastrous things for its own people!!

Next question - WTF??
Back to top
« Last Edit: Apr 11th, 2026 at 11:29am by Sir Grappler Truth Teller OAM »  

“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams
 
IP Logged
 
Biggest donger
Gold Member
*****
Online


Australian Politics

Posts: 4764
Gender: male
Re: Aussies Back Major Property Tax Shake Up
Reply #4 - Apr 11th, 2026 at 11:36am
 
Sir Grappler Truth Teller OAM wrote on Apr 11th, 2026 at 11:21am:
Biggest donger wrote on Apr 11th, 2026 at 11:09am:
Yes making it more expensive to invest in property should go a long way to reducing rent. What a great plan.


Investment has not raised the number of available dwellings, as we are told is the mantra and justification for it ALL.  all the concessions and tax dodges etc... and the result has not been anywhere near the claimed growth in actual housing - let alone HOMING for families and individuals.

Instead the solution was to flood the market with millions more people chasing a roof over their heads... absolutely brilliant!!  So more and more are living in sh1t-boxes uncooled and unheated like some filthy Third World society and told to grin and bear it while paying out 60%+ of their incomes.  When I was in Fiji, I visited with both Fijians and Indians.... often the Fijians lived on an island etc, and basically enjoyed their 'traditional' British influenced life... fishing and stuff... not rich but rich in life ... the Indians, by contrast, had a reputation for running all the prostitution and such and being essentially low-life... and I visited an Indian family who lived in an asbestos shed with tin roof in someone else's back yard.

Who could blame them for needing to grasp for anything?

No wonder they want to come here instead.... the question is - are we obliged to accept people in need all across the world, or should we be securing our own backyard first?  We can't take in the whole world - and our immigration rules say we can't take in people as immigrants who have nothing to support them here... so they already have a leg-up on the good old long-suffering Aussie.  So the next question is - should we be taking them at all while our backyard is ovegrown with weeds and filled with rubbish?

The idea of promoting housing investment to secure housing growth has failed...  FAILED ... and it is time to call a halt to all the rorts.

What kind of idiot government offers free rein to a 'business' that apparently never makes a profit, never produces the goods, never pays tax, and succeeds only in securing further and further down-sliding in real opportunity and equality for all?

I know - a government intent on achieving those very disastrous things for its own people!!

Next question - WTF??


You are very shortsighted, yes driving the investors out of the housing market could see some investors leaving the market and selling their rentals taking a hit. But what happens when they do leave the market, is the cost of building a house going to get cheaper because there will be less people building. Are renters going to find it easy to find rentals without investors in the market. Forcing investors out of the market may lower the cost of housing in the middle of cities but what about regional areas, is it going to reduce the cost of building a house in the suburbs.
Back to top
 

Trump derangement syndrome
Fareed Zakaria defined the term as "hatred of President Trump so intense that it impairs people's judgment"

Lets check in at 5pm on 23rd July 2025 then at 5pm on 30th July
 
IP Logged
 
lee
Gold Member
*****
Offline


Australian Politics

Posts: 20488
Gender: male
Re: Aussies Back Major Property Tax Shake Up
Reply #5 - Apr 11th, 2026 at 1:22pm
 
whiteknight wrote on Apr 11th, 2026 at 10:53am:
A new analysis conducted for The Australia Institute and Everybody’s Home in March found the majority of Australians voters were aligned when it came to reducing tax breaks for property investors.



And yet they can't bring themselves to give the breakdown of this majority. Wink

Actually that story is mistaken.

"Last month, Everybody’s Home analysis of organisation submissions to the inquiry found more than seven in 10 want the investor tax break to be abolished or reformed."

https://everybodyshome.com.au/cgt-discount-inquiry-report-demands-bold-action-on...

Organisations are not voters. Roll Eyes
Back to top
 
 
IP Logged
 
Page Index Toggle Pages: 1
Send Topic Print