In national news, the national treasury has slammed the LNP for misrepresenting official advice regarding Labour’s plan to restrict negative gearing deductions.
The acting treasurer in January last year, Kelly O’Dwyer asked the treasury to fact check the predicted impact of Labour’s plan.
Despite the treasury responding “in the long-term [the policies] are unlikely to have much impact”, the Coalition has claimed since 2016 that Labour’s plan would “smash” housing values.