#negativegearing

Mojo ♻️mojo@aus.social
2025-09-28

Aussie suburbs bucking the property trend—some areas see price drops up to $167K in the last five years.
However, the article overlooks Victoria's proactive approach to housing supply. Since 2018, the state has implemented the Vacant Residential Land Tax (VRLT), targeting owners of vacant properties. From January 1, 2025, the VRLT expands statewide, aiming to encourage property owners to lease or sell unoccupied homes, thereby increasing housing availability.
Additionally, the Victorian Government has introduced a 7.5% levy on short-term accommodation platforms like Airbnb, effective from January 1, 2025. This measure aims to prioritise housing and long-term rentals, raising funds to support social and affordable housing initiatives.
These policies are part of a broader strategy to address housing affordability and availability in Victoria.

#property #realestate #victoria #housing #housingpolicy #australia #vacanthomes #investorproperty #shorttermrentals #auspol #airbnb #negativegearing

au.finance.yahoo.com/news/auss

Mojo ♻️mojo@aus.social
2025-09-28

In jindabyne, about a quarter of homes are now short term rentals. Locals are being priced out as house prices climb past $1.1m and rents have jumped nearly 85 percent in just five years. Towns built for tourism are squeezing out their own communities

#housingcrisis #tourism #jindabyne #shorttermrentals #rentalcrisis #airbnb #negativegearing

abc.net.au/news/2025-09-28/jin

Mojo ♻️mojo@aus.social
2025-09-01

Stop subsidising short-stay investors with dodgy tax perks! A new report from Everybody's Home warns that negative gearing and CGT discounts on short-stay rentals are costing taxpayers $111 million to $556 million annually—while Aussies scramble for long-term housing. These loopholes aren’t just unfair—they’re fueling the housing crisis. Time for reform.

#housingcrisis #negativegearing #auspol #rentalcrisis #taxreform #airbnb

9news.com.au/finance/negative-

Mojo ♻️mojo@aus.social
2025-08-25

Imagine this in Australia: scrapping stamp duty and replacing it with an annual levy on high-value homes. The UK is debating it as a way to open up the housing market and boost growth. But in Canberra? Forget it. Too many MPs and senators are landlords with multiple properties — they’d never dream of taxing themselves.

#auspol #housingcrisis #property #vestedInterests #negativegearing

ft.com/content/d050e2d9-d66a-4

2025-08-21

Our Federal Government is run by the grubbiest politicians in Australia. The grifters are part of both major parties and both major parties have a vested interest to keep the status quo. Kind of like #negativegearing #capitalgains #housing they only want to see solutions to protect their housing investments. The fox is in the chicken house. #auspol #lnp #labor
From: @abcfeeds
rssfeed.media/@abcfeeds/115068

Mojo ♻️mojo@aus.social
2025-08-19

Investors enjoy billions in tax perks while first home buyers are pushed further out of reach. Negative gearing and CGT discounts aren’t “housing policy” — they’re handouts to the wealthy. A fairer system would redirect this money into public and affordable housing, giving everyone a chance at a secure home.

#auspol #housing #inequality #negativegearing #fairgo

amp.9news.com.au/article/7c471

Mojo ♻️mojo@aus.social
2025-08-18

These two can’t both be true:

On one hand, negative gearing is supposedly inconsequential to housing supply, rental stock, or renters.
On the other, investor borrowing—supercharged by tax perks like negative gearing—is literally choking out first-time buyers from homeownership.
And let’s not forget Victoria. Despite tougher land taxes and investor levies, there’s been no mass exodus of landlords and no collapse in rental availability. So much for the scare campaign that “reform will kill rentals.”

One of these stories is full of it. And it’s not the one showing how investors are flooding the market.

I wonder how many negatively-geared properties the author owns?

#auspol #NegativeGearing #HousingCrisis #FirstHomeBuyers #ausmedia

Mojo ♻️mojo@aus.social
2025-08-18

This Sinclair Davidson op-ed* insists that scrapping negative gearing won’t solve the housing crisis—and is simply ideological fluff. It claims “reforming” the scheme won’t build a single home, won’t help a single renter, and will only make life tougher for “small investors,” while claiming state governments benefit from high prices via tax revenue and thus oppose affordability reform.

crikey.com.au/2025/08/15/negat

But hold up—just next door, a Guardian headline reports property investors borrowed a record $130 billion in the year to June 2025. They’re hogging the market, pushing out first-time buyers—116,000 new FHB mortgages issued vs nearly 200,000 investor loans, the highest level for landlords since 2022.

theguardian.com/australia-news

#auspol #NegativeGearing #HousingCrisis #FirstHomeBuyers #ausmedia

Mojo ♻️mojo@aus.social
2025-08-16

The ultra-wealthy have milked Australia's broken tax system for too long. Today, we must confront how negative gearing, CGT discounts, generous super tax perks, and the absence of inheritance taxes disproportionately benefit the richest Australians. Meanwhile, essential public services and housing suffer.
It’s time to shift the burden back onto those who’ve benefited most. Tax reforms like limiting super tax concessions for massive balances, scaling back property and capital gains loopholes, and finally introducing a fair wealth or inheritance tax aren’t radical—they’re long overdue.
A truly equitable society isn’t achieved through giveaways to the rich, but by ensuring all Australians pay their fair share. Justice demands no less.

#TaxJustice #FairShare #Australia #auspol #negativegearing #taxtherich

theguardian.com/commentisfree/

Mojo ♻️mojo@aus.social
2025-08-16

The Housing Industry Association’s opposition to curbing negative gearing doesn’t stack up. Victoria has hit investors with higher land taxes and other levies, yet rents haven’t exploded. The data shows investor pullback doesn’t automatically mean tenants get squeezed.

#auspol #housing #taxreform #vestedInterests #propertylobby #negativegearing

macrobusiness.com.au/2025/08/h

Mojo ♻️mojo@aus.social
2025-08-16

When our national broadcaster starts echoing far-right fear mongering on housing, we should ask why. The real issue isn’t taxing ordinary homeowners — it’s vacant properties, multiple investor-owned homes, and the generous tax concessions handed to those who hoard housing. That’s where the distortion lies.

#housing #auspol #australia #vacantpropertytax #negativegearing

abc.net.au/news/2025-03-30/los

2025-08-07

Welfare groups join union push for housing tax shake-up ahead of productivity talks

The Australian Council of Social Services has thrown its weight behind calls to wind back property investor tax…
#NewsBeep #News #Headlines #acoss #AU #Australia #capitalgainstax #chalmers #Housing #housingmarket #negativegearing #productivity #Treasury
newsbeep.com/45869/

Mojo ♻️mojo@aus.social
2025-08-06

At last – a sensible, targeted reform to negative gearing.
Of Australia’s 2.26 million property investors, only 13.5% would be affected by the ACTU’s proposal to limit tax breaks to one investment property. The remaining 86.5% – including all those who only own one rental – would keep their benefits.
So who loses? Mainly the top end of town: the minority with multiple properties, who currently claim the lion’s share of the $10.4 billion a year in losses. Over $4.8 billion of those claims come from people with two or more properties.
Meanwhile, this modest reform could raise $1.5 billion annually – enough to fund tens of thousands of affordable homes.
Let’s be clear: these tax breaks were never designed for housing. They’re relics of a different era – and now they’re entrenching inequality, locking young Australians out of the housing market, and inflating prices for everyone.

This change is fair, overdue, and won’t touch most so-called “mum and dad investors”.

#housingcrisis #negativegearing #auspol #inequality #greed

theconversation.com/how-many-o

Mojo ♻️mojo@aus.social
2025-08-05

Property Boom Fuels Surge in Aussie Millionaires
A record-high wave of Australian millionaires is being propelled by soaring property values, making home ownership the central engine of wealth building. The average dwelling price recently topped AUD 1 million nationwide, driven by escalating values across capital cities and regional markets alike. Property now makes up roughly 75% of household wealth, but many are “asset-rich and cash-poor” due to illiquidity.
This boom underscores growing wealth inequality and the challenges faced by first‑home buyers amid supply shortages, tax settings, and rising inheritance flows.

#auspop #ponzischeme #ausproperty #negativegearing #inequality #taxtherich

abc.net.au/news/2025-08-04/pro

☮ ♥ ♬ 🧑‍💻peterrenshaw@ioc.exchange
2025-08-03

“The #Australian Council of #TradeUnions will call for bold changes to #NegativeGearing and the #CapitalGains tax at the government's #productivity roundtable this month, arguing the tax breaks be limited to one investment property.

Under the proposal, the current arrangements would continue for five years to allow investors time to rethink their portfolios before the changes come into force.

The issue is politically fraught for #Labor, who took reforms to negative gearing and capital gains to the 2016 and 2019 federal elections and lost.

But #ACTU secretary Sally McManus told ABC's Insiders it was time to "bite the bullet".”

I’m waiting for the outcry from the miserable bastard “Investor Class” clutching their renters by the greedy hand.

A reminder that in economics, rent seeking is not productive. It produces nothing. A productivity net loss.

<abc.net.au/news/2025-08-03/sal>

2025-08-03

ACTU Secretary Sally McManus calls for one property limit on negative gearing tax breaks

The Australian Council of Trade Unions will call for bold changes to negative gearing and the capital gains…
#NewsBeep #News #Headlines #actu #AU #Australia #capitalgains #davidspeers #federalgovernment #Housing #insiders #negativegearing #Politics #productivity #productivityroundtable #sallymcmanus #taxbreaks #Taxes #Unions
newsbeep.com/36159/

Mojo ♻️mojo@aus.social
2025-06-30

Australia solved housing in the 1960s with $5 deposits and government-built homes, then deliberately dismantled the entire system to make banks billions while locking out entire generations. Australia SOLVED Housing... 60 years ago?!
#auspol #housingcrisis #rentalcrisis #negativegearing

youtube.com/watch?v=I-hA-DbVWv8

skuaskua
2025-04-26


- where rich people buy an investment property using a loan and get a tax break equal to any gap between their loan repayments and the rent they charge for the property.
All while the value of the property increases.

Having renters and taxpayers fund the rich peoples' investment property/ies.

Thank the Liberal National Party and Labor for this corrupt welfare-for-the-rich.

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