Australia doesn’t have a tax problem – It has a housing supply problem The wrong target Australia’s housing debate has become obsessed with tax policy. Negative gearing.Capital gains tax.Investor incentives. But these policies sit around the edges of the real issue. Australia does not primarily have a tax problem. It has a supply problem. The real drivers of housing costs Housing affordability has been driven by:– underbuilding– population growth– planning delays– infrastructure lag– labour shortages– rising construction costs These are structural constraints that tax changes alone cannot fix. Investors are not the core cause The idea that investors are the […]