Part 4/12:
One particularly contentious issue is the potential reintroduction of reforms to negative gearing and capital gains tax. These policies were heavily debated and ultimately rejected in 2019, especially proposals to restrict negative gearing to new housing purchases and to limit capital gains tax discounts. The argument was that these measures could address housing affordability if implemented properly. Yet, the notion of revisiting these reforms suggests a return to old ideas that soundly failed in recent electoral contests, signaling a pattern of the government and its allies pushing forward policies that the electorate has previously rejected.