{"id":12271,"date":"2021-07-26T05:28:21","date_gmt":"2021-07-26T05:28:21","guid":{"rendered":"http:\/\/www.16news.com.au\/?p=12271"},"modified":"2021-07-26T05:28:21","modified_gmt":"2021-07-26T05:28:21","slug":"labors-negative-gearing-betrayal","status":"publish","type":"post","link":"http:\/\/www.16news.com.au\/index.php\/2021\/07\/26\/labors-negative-gearing-betrayal\/","title":{"rendered":"Labor&#039;s negative gearing betrayal"},"content":{"rendered":"<p>Australian Greens Housing spokesperson Senator Mehreen Faruqi has responded to Labor\u2019s move to dump its commitment to winding back negative gearing.<br \/>\nSenator Faruqi said:<br \/>\n\u201cThis is a cowardly and pathetic backflip. House prices and rents are skyrocketing, and Labor is throwing fuel on the fire.<br \/>\n\u201cIn the middle of a housing affordability crisis, Labor has caved to wealthy investors and the Liberals. This is a shocking move and a betrayal of young people in particular.<br \/>\n\u201cNot too long ago, Labor was calling out negative gearing and the CGT discount as \u2018tax subsidies\u2019 that \u2018benefit the wealthiest Australians\u2019 and are \u2018skewed to high income earners\u2019. What, exactly, has changed?<br \/>\n\u201cIt seems that for Labor, short-term, cheap politics have trumped any semblance of a commitment to progressive and equitable public policy. Shame!\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Australian Greens Housing spokesperson Senator Mehreen Faruqi has responded to Labor\u2019s move to dump its commitment to winding back negative gearing. Senator Faruqi said: \u201cThis is a cowardly and pathetic backflip. House prices and rents are skyrocketing, and Labor is throwing fuel on the fire. \u201cIn the middle of a housing affordability crisis, Labor has &hellip; <a href=\"http:\/\/www.16news.com.au\/index.php\/2021\/07\/26\/labors-negative-gearing-betrayal\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Labor&#039;s negative gearing betrayal&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-12271","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/12271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=12271"}],"version-history":[{"count":0,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/12271\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=12271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=12271"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=12271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}