Confirmation from NSW Treasury. Labor's negative gearing policy would barely move house prices
- Written by Brendan Coates, Fellow, Grattan Institute
A drop in prices of 0.5% is no drop at all.ShutterstockThe pushback against federal Labor’s reforms to negative gearing is ramping up again with the release of NSW Treasury modelling.
The modelling predicts that Labor’s changes to negative gearing and the capital gains tax discount would cause a 0.8% to 1.3% decline in stamp duty...
