Post #3132516
2026-05-12 12:29 UTC
@thegarbagebird@theblower.au
For years, both major parties treated negative gearing and the CGT discount like sacred texts. Touch them and you’re untrustworthy. But untrustworthy to whom? Property investors with three houses, or the generation locked out of one?
A government finally admitting that the needs of the people sometimes means breaking a promise that was protecting the wrong people. (Lets face it, it's not the same as No cuts to education, No cuts to ABC, No cuts ....)
Replies (1)
-
@thegarbagebird@theblower.au 2026-05-12 12:51
@mojo@aus.social it's funny what constitutes a broken promise, what's a backflip, what’s a tactical move, what’s a calculated change of direction. i couldn't give a toss. politicians don't keep promises, that's table stakes. i am just surprised (and delighted) that the government breaking a promise has worked in favour of more than simply the donors. i genuinely didn't think they had it in them.