Labor has ‘no plans’ to change negative gearing – and isn’t considering taking reforms to next election, Anthony Albanese says

ALP MPs appear open to re-examining controversial tax write-off amid housing crisis as Coalition launches fierce campaign to protect it

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Anthony Albanese has said his government is not considering taking negative gearing reforms to the next federal election, despite the Treasury modelling potential changes and a growing number of Labor MPs saying the controversial tax write-offs on housing should be re-examined.

After 24 hours of speculation the government may be preparing the ground to change its policy, fuelled by the prime minister and other senior ministers not specifically ruling out reforms, the prime minister in a morning media blitz gave his strongest indication Labor was reluctant to fight for the change.

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