SKIP TO MAIN CONTENT

Homeless to increase in bush: MP

A Nationals MP warns homelessness could increase in regional Australia if Labor pushes ahead with a curb on tax breaks for property investors.

1 min read

Published

Updated

Source: AAP


Skip to article content

More people will be at risk of becoming homeless in regional towns if Labor implements its curb on tax breaks for property investors, a federal Nationals MP believes.

Andrew Broad argues property and rental markets in country towns will be hit hard if Labor wins government and negative gearing is restricted to only newly-constructed houses.

It was already difficult to get people to invest in rural properties, he told reporters in Canberra on Monday.


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world