Changing tax rules for investors won’t shrink housing supply or raise rents. Just look at Victoria (opens in new tab)

Labor’s anticipated reforms are not a panacea, but they could nudge Australia toward a more equitable trajectoryGet our breaking news email, free app or daily news podcastThe Albanese government is preparing to unveil a budget that will recast housing as shelter – rather than a financial tool – in changes that have already sparked heated warnings that rents will rocket and housing supply will be curtailed.Those warnings are best ignored. Continue reading...