Negative gearing changes on the table before May budget, Jim Chalmers confirms

Treasurer says ‘not unusual’ for his department to examine options but stresses that no decision has been madeFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Albanese government has again opened the door to reforms to negative gearing as it weighs up potentially sweeping tax changes to raise revenue and help address the housing crisis.The treasurer, Jim Chalmers, confirmed that changes were being examined in the lead-up to the May federal budget after reports his department was modelling rules that would limit negative gearing to two investment properties. Continue reading…