New modelling cautions against more tax on housing.
The Real Estate Institute of Australia, alongside key industry bodies, has released new independent modelling ahead of the Federal Budget. The analysis shows that changes to negative gearing and the CGT discount would reduce investment, constrain housing supply, and place upward pressure on rents.
The findings reinforce the need for stable policy settings that support increased housing supply.
REIA is calling for a Budget that delivers a net increase in new housing supply.
Read the Joint Statement here
Find the modelling here