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44% of economists call to scrap CGT concessions

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Australian Broker | 28 Mar 2017, 08:25 AM Agree 0
Australian economists have called for a more holistic approach to tackling the country's housing affordability problem
  • FG | 28 Mar 2017, 03:14 PM Agree 0
    Lucky our country is not run by economists and I seriously wonder if they all understand what is happening. There are so many states with property price not growing much at all eg WA, SA, QLD and how is scrapping CGT helping these states at all ? secondly it is so costly to buy and hold properties in Australia already, scrapping it will make it even worse. Property investors have to pay stamp duty (tax) to get in, land tax while holding it and CGT when making money. But not every investment makes you money either !
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