The Albanese government says its housing policy does not include scaling back negative gearing and capital gains tax concessions -- despite reports it's exploring the options. Nine newspapers are quoting a senior Labor official - saying the government has asked treasury for expert advice on the potential changes. Shadow Finance Minister Jane Hume says the government needs to be upfront with the public.
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TVTranscript
00:00There's nothing wrong with the government considering anything, but lying to the Australian
00:06people about whether they're considering it is another issue entirely.
00:10And as recently as last week, the Prime Minister was talking to one of your journalists, Patricia
00:16Karvelas, and saying that her questions about negative gearing, whether the government were
00:20considering it, were not very clever questions.
00:23And yet only this week we find out that now there is some secret plan to look at negative
00:27gearing.
00:28The question is, of course, is who is commissioning this secret plan?
00:31Is it the Prime Minister, along with Jim Chalmers and Katie Gallagher?
00:34Are they doing it in conjunction with the Housing Minister, Clare O'Neill?
00:38Are they letting their cabinet know?
00:39Because this is the first that we've heard about it.