this post was submitted on 07 Feb 2024
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[–] [email protected] 6 points 9 months ago* (last edited 9 months ago) (1 children)

Negative gearing will never be removed.

It's nothing to do with the voters.The politicians are the landlords

https://www.sbs.com.au/news/the-feed/article/politicians-and-their-property-portfolios-how-many-do-they-own/wb7k9xq1p

[–] [email protected] 8 points 9 months ago (2 children)

We literally just had politicians vote against their own self interest by reducing stage 3 tax cuts.

It’s possible they will do the same for negative gearing.

[–] [email protected] 3 points 9 months ago* (last edited 9 months ago) (1 children)

Politicians didn't need the tax cuts.

They already gave themselves a 4% pay rise, their biggest increase in a decade

[–] [email protected] 1 points 9 months ago (1 children)

Aren't their wage increases determined by an independent group/board ?

[–] [email protected] 3 points 9 months ago* (last edited 9 months ago)

And the President of that is a former CEO of Australia’s largest commercial property services firm, and former National President of the Property Council of Australia.

C'mon, you know how this works

[–] [email protected] 2 points 9 months ago

Ayup. Get them scared enough and self preservation will override the greed