Treasurers to discuss housing, competition

Federal, state and territory treasurers will meet in Canberra on Friday with housing affordability and competition laws high on the agenda.

Treasurer Scott Morrison and his state and territory counterparts will meet in Canberra on Friday to discuss housing affordability and competition laws.

NSW Premier Michael Baird believes a review of tax concessions, such as negative gearing, should be considered as part of the discussions into housing affordability. However, Mr Morrison says it's more than just about people saving to buy a home in Sydney or Melbourne, and the 30 per cent of people renting need to be considered as well.

"I'm not about to do something which is going to jack up their rents, which was the result of negative gearing changes last time," Mr Morrison told reporters in Canberra on Wednesday.


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Source: AAP


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