Higher interest rates smashed landlord profits, but negative gearing means few sold up

Despite a surge in interest rates and a jump in loss-making rentals, few landlords are selling up. Experts say it's because negative gearing and the capital gains tax discount protect their investments.

ABC News
How Albanese could tweak negative gearing to save money and build more new homes

There are two things the prime minister needs to get into his head about tax. One is that saying he won't make any further changes no longer works. The other is that negative gearing doesn't do much to get people into homes, writes Peter Martin.

ABC News