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Labor Should Steer Clear of Negative Gearing in Its Quest to Raise Taxes

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Labor Should Steer Clear of Negative Gearing in Its Quest to Raise Taxes
A real estate sign is seen at a property in Croydon Park in Sydney, Australia, on Sept. 6, 2022. Lisa Maree Williams/Getty Images
Graham Young
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Commentary
Australia has an acute housing crisis. Mortgage repayments are at record levels of unaffordability, measured by the ability to pay, and the national rental vacancy factor is only 0.8 percent.
Graham Young
Graham Young
Author
Graham Young is the executive director of the Australian Institute for Progress. He is the editor and founder of OnlineOpinion.com.au and has conducted qualitative polling on Australian politics since 2001. Mr. Young has contributed to The Australian newspaper, The Australian Financial Review, and is a regular on ABC Radio Brisbane.
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