Greens eye property tax handouts

by

Ed.

From michaelwest.com.au: Greens leader Adam Bandt announced a proposal to revise property tax breaks, including the elimination of negative gearing and capital gains tax discounts for investors, as part of the party’s strategy in potential negotiations for a hung parliament.

Bandt emphasized the need for these changes to improve housing affordability, stating that the current system favours wealthy investors over renters.

The Greens would also implement a rent freeze and expand Medicare to include dental care if they influence government formation.

Filed under: Property, Tax - Individuals