House prices are out of control, rents are rising, and public housing waitlists are growing fast.
It’s getting harder and harder for everyday Australians to find a secure, affordable place to live.
Our tax system is rigged in favour of wealthy property investors—and it’s making the crisis worse.
Right now, two tax concessions, negative gearing and the capital gains tax (CGT) discount, are pushing prices up and locking people out.
Here’s how:
These policies were meant to boost housing supply—but they haven’t. In fact, 93% of negatively geared purchases are existing homes, not new builds. That means investors are competing directly with first home buyers, driving prices higher.
The result?
Unaffordable housing and tax concessions costing us more than $10 billion last year, with most of it going to the top 10 percent of income earners.
We believe this is unfair. These are handouts for the people who need them the least.
That’s why we’ve launched Hands up for Housing, calling on the federal government to:
It’s time to fix this system so that it works for all of us, not just the wealthy few.
👉 Add your name and email your MP. Put your hand up for housing.
👉Chip in today to help push for real reform — donate here
House prices are out of control, rents are rising, and public housing waitlists are growing fast.
It’s getting harder and harder for everyday Australians to find a secure, affordable place to live.
Our tax system is rigged in favour of wealthy property investors—and it’s making the crisis worse.
Right now, two tax concessions, negative gearing and the capital gains tax (CGT) discount, are pushing prices up and locking people out.
Here’s how:
These policies were meant to boost housing supply—but they haven’t. In fact, 93% of negatively geared purchases are existing homes, not new builds. That means investors are competing directly with first home buyers, driving prices higher.
The result?
Unaffordable housing and tax concessions costing us more than $10 billion last year, with most of it going to the top 10 percent of income earners.
We believe this is unfair. These are handouts for the people who need them the least.
That’s why we’ve launched Hands up for Housing, calling on the federal government to:
It’s time to fix this system so that it works for all of us, not just the wealthy few.
👉 Add your name and email your MP. Put your hand up for housing.
👉Chip in today to help push for real reform — donate here