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Treasurer Jim Chalmers says there will not be tax reform in the housing space and is unprepared to go into whether there will be rent assistance.During his interview on ABC Radio National, Chalmers said there will be tax reform in other spaces but not housing.“Not the kind that some people have been calling for, there’s no changes for example to negative gearing, or those kinds of changes,” he said.
“But there will be tax reform, there’ll be income tax reform and there’ll be some additional measures as well, which recognises that the tax system can be a good way to incentivise the kind of private investment that we want to see in the future of our economy.”While rental inflation was nearly 8 per cent, Chalmers cited the “substantial increase” in rent assistance last year, saying he did not want to get further into that area of reform this week.
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