SMH · Paul Sakkal · Thursday 2 April 2026
Albanese confirms Labor will proceed with changes to negative gearing and the capital gains tax discount, despite fears the war might prompt a retreat from investor tax reform.
Albanese touching negative gearing has the same energy as a bloke finally fixing the roof — in the middle of a war, during an election, with the ladder already on fire. Every Labor leader since Shorten has known the tax settings are rigged to reward landlords for bidding against first-home buyers. The difference is Albanese waited until the political cost of doing nothing exceeded the political cost of doing something. That's not courage, mate — that's arithmetic.