Australian Unions
Official account of the ACTU
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Authorised by Sally McManus, Australian Council of Trade Unions, Melbourne.
- Our tax rules let professional landlords off the hook while first-time buyers fight with increasing rents and house prices. Tax rules need to change.
- Housing is currently the biggest contributor to the cost of living. If the RBA raise rates today, a homeowner will have to pay more, yet professional landlords can raise rents while claiming higher interest costs as tax deductions. We need reform now.
- The system is stacked in favour of property investors who are exploiting negative gearing and capital gains tax breaks. It's time for reform to turn houses back into homes.