Australian P.M. Albanese Pledges Housing System Overhaul at State Conference
May 26, 2026
May 26, 2026
WASHINGTON, May 26 -- Australian Prime Minister Anthony Albanese announced that the federal government is reforming negative gearing, capital gains and trusts to make the housing market fairer for buyers. Speaking at a Victorian Labor Party conference in Melbourne, he emphasized that the current tax breaks tip the scales against young citizens bidding for their first homes.
The prime minister stated that these adjustments aim to redirect property investments into creating housing s . . .
The prime minister stated that these adjustments aim to redirect property investments into creating housing s . . .