Changing CGT, negative gearing won’t help housing supply: Treasury

Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Curbing the capital gains tax deductions for investors would have more impact on lowering house prices than changes to negative gearing, but neither would help boost supply, which is the key challenge, Treasury Secretary Steven Kennedy says. Dr Kennedy on Wednesday confirmed his department was modelling changes to the tax breaks, as it did from time to time, but played down the prospects of the Albanese government taking a proposal to the next election.

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