As a buyers agent and property expert, it’s always a great opportunity when you get to talk to the Treasurer. You get to ask question on current policies, pick the Treasurer’s brain on political issues and most importantly, voice your opinion on the industry. In this Money Magazine’s November 2016 Edition, Bryce is given this opportunity to pose a question to our Treasurer, Scott Morrison on future initiatives. Here’s what Bryce asked him:
“The Turnbull government has been steadfast in its decision to not change the current tax legislation around negative gearing and capital gains tax exemptions with respect to residential properties. I think this is a wise decision to further encourage future property supply. However, that being said, with continued growth in population and record low interest rates there is currently continued pressure on housing supply and therefore housing affordability. What are the government’s forward plans to help keep housing affordable for all Australians? ”
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