The government assumes investors will calmly migrate from established housing into off-the-plan developments. But investors are not pieces on a Treasury chessboard.

Proposed changes to the CGT discount and negative gearing were both criticised and praised for how they might affect housing.

Economists have offered qualified support for the government's plans on day one of a Senate inquiry.

The government assumes investors will calmly migrate from established housing into off-the-plan developments. But investors are not pieces on a Treasury chessboard.

New data shows more than half of the nation’s 2.3 million investment properties are running at a cash-flow loss, emboldening Labor’s move to curtail negative gearing.