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Investment sweeteners safe in pre-election budget
By Maja Garaca Djurdjevic
23 April 2021
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1 minute read
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With a pre-election budget just around the corner, property investors are confident certain tax breaks won’t be touched for fear of political repercussions.
While Anthony Albanese looks set to press ahead with changes to negative gearing and capital gains tax, despite these being considered as the policies that lost Labor the 2019 race, the current government is expected to remain in favour of investors on budget night.
And while Mr Albanese is expected to announced Labor’s comprehensive election plan, including any changes to the tax system, later this year, the current government is not expected to tinker with investment sweeteners, such as negative gearing, on 11 May. ....

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