Report: Greens’ housing policies would worsen rental crisis

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Australia’s residential property market vacancy rates are still near a record low of only 1%.

Rental vacancy rates

The Australian Greens announced that abolishing negative gearing and the capital gains tax (CGT) discount would be a priority in a minority government.

The Greens’ policy is as follows.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.