{"id":37678,"date":"2026-02-28T21:42:20","date_gmt":"2026-02-28T10:42:20","guid":{"rendered":"http:\/\/www.16news.com.au\/?p=37678"},"modified":"2026-02-28T21:42:20","modified_gmt":"2026-02-28T10:42:20","slug":"the-time-is-right-for-housing-tax-reform","status":"publish","type":"post","link":"http:\/\/www.16news.com.au\/index.php\/2026\/02\/28\/the-time-is-right-for-housing-tax-reform\/","title":{"rendered":"The time is right for housing tax reform"},"content":{"rendered":"\n<p>With<a href=\"https:\/\/www.theaustralian.com.au\/nation\/politics\/treasury-examining-new-rules-limiting-negative-gearing-to-two-investment-properties\/news-story\/1ff06fa1eb4c5936c67527eff7f5be08\">&nbsp;negative gearing back on the political table<\/a>&nbsp;following the Greens campaign to end investor lending, momentum for tax reform is growing.<\/p>\n\n\n\n<p>The Greens have long campaigned for winding back the most inequitable tax concessions, particularly negative gearing and the capital gains tax discount, to minimise investor demand.<\/p>\n\n\n\n<p>The Greens call on the government to seize this moment with the budget just around the corner to deliver ambitious tax reform to tackle Australia\u2019s deepening housing crisis.<\/p>\n\n\n\n<p><strong>Greens spokesperson for finance, housing and homelessness Senator Barbara Pocock:<\/strong><\/p>\n\n\n\n<p>\u201cThe Greens campaign to end unfair handouts for wealthy property investors has forced negative gearing reform back onto the table.<\/p>\n\n\n\n<p>\u201cUnfair tax discounts just make housing more expensive and give billions to super-wealthy property investors. Ending these tax concessions will help more people have a roof over their head.<\/p>\n\n\n\n<p>\u201cMassive tax breaks for wealthy property investors are cooking our housing system. Negative gearing and the capital gains tax discount let cashed-up investors outbid everyday Australians \u2014 and young people and first-home buyers are the ones paying the price.<\/p>\n\n\n\n<p>&#8220;Australia&#8217;s housing system is rigged for the wealthy; it\u2019s a system designed to drive up the cost of housing, generating enormous wealth for the 1%.<\/p>\n\n\n\n<p>\u201cDuring the Greens-led inquiry into CGT discounts expert after expert said wealthy property investors shouldn&#8217;t get these massive handouts.<\/p>\n\n\n\n<p>\u201cThis next budget is a huge opportunity for the government to deliver bold, ambitious tax reform that puts renters and home buyers first.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With&nbsp;negative gearing back on the political table&nbsp;following the Greens campaign to end investor lending, momentum for tax reform is growing. The Greens have long campaigned for winding back the most inequitable tax concessions, particularly negative gearing and the capital gains tax discount, to minimise investor demand. The Greens call on the government to seize this &hellip; <a href=\"http:\/\/www.16news.com.au\/index.php\/2026\/02\/28\/the-time-is-right-for-housing-tax-reform\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The time is right for housing tax reform&#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-37678","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\/37678","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=37678"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/37678\/revisions"}],"predecessor-version":[{"id":37679,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/37678\/revisions\/37679"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=37678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=37678"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=37678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}