As The Australian Financial Review reported earlier this month, the Turnbull government has examined ways to adjust tax settings to make housing more affordable, especially for first-home buyers.
Read the full article on Australian Financial Review.
Here’s what happens if negative gearing is capped
Limiting the use of negative gearing to $10,000 would affect 300,000 families and raise an extra $1.5 billion in revenue a year, modelling shows.
