‘Pressure works’: Greens to stall Labor housing bill in campaign to limit negative gearing

System is ‘stacked against renters and first-home buyers’ and government must change its position on negative gearing and capital gains tax, Greens say

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The Greens are threatening to impede passage of the government’s “help-to-buy” housing scheme, as they seek to force Labor into winding back tax breaks on investment properties.

The treasurer, Jim Chalmers, on Sunday said the government had no plans to change negative gearing, as attention shifted to other areas of tax reform after the government’s amendments to stage-three income tax cuts.

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