economy
February 27, 2026
Negative gearing changes on the table before May budget, Jim Chalmers confirms
Treasurer says ‘not unusual’ for his department to examine options but stresses that no decision has been made
TL;DR
- The Albanese government is reviewing negative gearing and the 50% capital gains discount.
- These changes are being considered to address the housing crisis and raise government revenue.
- Treasurer Jim Chalmers stated that his department is examining options, but no decisions have been made.
- Negative gearing allows investors to deduct property losses from their income, reducing their tax liability.
- The former Labor leader Bill Shorten had previously proposed similar changes, but they were not pursued in the 2022 election.
- The opposition, led by Angus Taylor, is unlikely to support winding back these policies, arguing they do not help increase housing supply.
- The Greens support the review, stating that these tax concessions increase housing costs for ordinary Australians and favor wealthy investors.
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