Chalmers admits he sought advice about changing negative gearing but says it is not on Labor’s agenda

Treasurer says it's not unusual' for governments to get advice on contentious issues' but stresses changes to housing tax breaks are not in the works

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Treasurer Jim Chalmers has conceded he did ask his department for information about possible changes to negative gearing and capital gains tax concessions, but the government insists any reform to the controversial tax breaks are not yet on the agenda.

The Independent senator David Pocock said the government had multiple options to make the system more equitable through moderate changes while still protecting investments made by ordinary families.

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