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flag Australia’s proposed housing tax changes could cut 45,000 homes by 2030, raising rents and costing thousands of jobs.

flag A new report warns that proposed changes to Australia’s housing tax policies—scrapping negative gearing and the capital gains tax discount—could reduce new housing supply by over 45,000 homes by 2030, cut GDP, and eliminate thousands of construction jobs. flag The analysis by Qaive and Tulipwood Economics projects lower housing starts, higher rents, and reduced private rental investment, urging the government to avoid tax changes that could worsen the housing crisis.

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