May 15, 2026 — 5:00am
Don’t listen too intently to the racket around Labor’s latest tax changes: it’s about time the government did something that ruffled some feathers.
The changes don’t look good for me, but I’m a pretty happy camper. Why? Because they’re exactly what we need – and what I’ve been asking for.
A few years ago, shortly after moving out of home to live in one of the most expensive capital cities in the world – and realising exactly how unaffordable housing was – I started writing about what we need to do to fix our property market. Chief among the changes I’ve pushed for has been the winding back of the tax concessions we give to property investors.
As one of the lucky ones to have bought my own home, the tax changes Labor has brought in aren’t very useful for me. In fact, they probably put me in a worse position going forward if I’m looking at it from a purely personal perspective.
