Capn Gus Bloodbeard
Well-Known Member
After the bullshit last election? Labor would be daft to to do anything which could even be vaguely or wrongly interpreted as hurting property investors. We all saw what happened with franking credits and the 'death tax'.
No, unfortunately Labor can't come to this election with any sort of structural tax reform - even though it's desperately needed.
Smarter play would be to not make it an election policy - but just do it when they're in power - although waiting for their 2nd term would probably be best for anything structural.
In the meantime, most they can do is tinker with 'affordability' policies which sound great but just drive prices up further.
Although, who knows what will happen when rates start to increase.
No, unfortunately Labor can't come to this election with any sort of structural tax reform - even though it's desperately needed.
Smarter play would be to not make it an election policy - but just do it when they're in power - although waiting for their 2nd term would probably be best for anything structural.
In the meantime, most they can do is tinker with 'affordability' policies which sound great but just drive prices up further.
Although, who knows what will happen when rates start to increase.