Labor Party

Strongly agree

Yes, this concession disproportionately benefits the rich

The Labor Party has argued that negative gearing disproportionately benefits the wealthy and contributes to housing affordability issues. Their 2016 policy to limit negative gearing to new housing was partly based on this reasoning. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Yes

The Australian Labor Party has historically supported changes to negative gearing, but not an outright ban. In the 2016 election, they proposed limiting negative gearing to new housing and reducing the capital gains tax discount. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Yes, the government will save over $4 billion per year in lost taxes

While the Labor Party has not specifically cited the $4 billion figure, they have argued that changes to negative gearing would improve the budget bottom line. Their 2016 policy was estimated to save $32 billion over a decade, which aligns with this argument. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

No, but limit to one house per person

The Labor Party has not specifically proposed limiting negative gearing to one house per person, but their 2016 policy to restrict it to new housing suggests they are open to some limitations. This answer is somewhat in line with their policy direction, but not an exact match. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

No

The Labor Party has shown a willingness to reform negative gearing, indicating that they do not fully support the current system. However, they have not called for a complete ban, so they would not strongly disagree with this answer. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.