Affordable Housing
Homes for people, not portfolios.
A roof over your head shouldn't depend on inheritance. We back policy that puts ownership and stable rentals back within reach.
34Us supports grandfathered negative gearing reform — protecting current investors while redirecting future incentives toward building new homes.
Why Fairer Housing Incentives Help Australians
Three simple reasons grandfathered negative gearing reform can support the greater good.
It redirects tax incentives toward new housing supply
Negative gearing currently supports investors buying both new and existing properties.
Limiting future negative gearing to newly built homes shifts the incentive toward adding more housing.
That means public tax support helps create supply instead of only increasing competition for homes that already exist.
It protects current investors from retrospective change
Existing investors using negative gearing would be grandfathered under the policy.
People who made decisions under the current rules would not have those arrangements suddenly removed.
This makes the reform more stable, fair, and politically realistic.
It reduces investor pressure on existing homes
When investors receive tax support to buy existing homes, they compete directly with first-home buyers.
Changing future rules reduces some investor pressure in the established housing market.
Over time, this can make homes more accessible for people buying to live, not just to invest.
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The Housing Effect
See how redirecting future negative gearing incentives toward newly built homes could support housing supply.
The Housing Effect helps visitors understand how much public tax support could be redirected over time if future negative gearing concessions were limited to newly built homes.
Estimated annual negative gearing tax benefit
AUD $10 billion
Share redirected toward new homes
50%
Estimated housing supply support value
AUD $5 billion
This dashboard uses visible assumptions and reliable source links so visitors can check the data for themselves.
Built from transparent assumptions and official or verifiable public sources.