Housing policy is a stark point of difference at this election. While the government took promising steps to set up social housing finance, it has yet to give any sign it will finish what it started.
We need to refrom negative gearing and boost housing supply. Affordability, financial stability and economic inequality are all riding on it, writes Richard Holden.
The Henry Review argued changes to negative gearing would need to be offset by increases to housing supply, but this aspect is missing from the Labor proposal, writes Nigel Stapledon.
Professor Richard Holden, co-author of Switching Gears, a McKell Institute report on reforming negative gearing to solve Australia’s housing affordability crisis, discusses why we should transition away from this tax concession.