Australian Greens Housing spokesperson Senator Mehreen Faruqi has responded to Labor’s move to dump its commitment to winding back negative gearing.
Senator Faruqi said:
“This is a cowardly and pathetic backflip. House prices and rents are skyrocketing, and Labor is throwing fuel on the fire.
“In the middle of a housing affordability crisis, Labor has caved to wealthy investors and the Liberals. This is a shocking move and a betrayal of young people in particular.