Current Affairs: Secret official documets reveal negative gearing overhaul would have a "small" impact on home values

Secret official documents, released under Freedom of Information laws, Treasurer Scott Morrison received advice from his own department that Labour's negative gearing overhaul would have a relatively modest impact on house prices, contradicting Government claims the policy would "smash" Australia's housing market.

Treasury documents have contradicted the government's attack on Labor's negative gearing policy. (AAP) Source: AAP