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  • 5 months ago
The Premier has expressed concern about the impact sweeping changes to negative gearing and the capital gains tax discount could have on the state's housing supply. The budget papers reveal Queensland's population is set to boom in the coming years, with interstate migration on the rise.

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00:02Queensland, beautiful one day and booming the next.
00:06Our challenge is trying to keep up the housing supply to our rapidly growing population.
00:10That population tipped to rise to more than 6 million by mid-2030, aided by a massive
00:17jump in net interstate migration, outstripping every other state and territory.
00:24Queensland is one of the fastest growing states in the nation.
00:26Our infrastructure needs are urgent, they're not optional.
00:28The state government wanted more money in the budget for roads and rail.
00:33Queensland has a right to ask, where is our fair share?
00:36Queensland is actually getting more funding in the infrastructure investment program
00:41than any other state or territory.
00:43The Premier is also concerned about the negative gearing and capital gains tax discount reforms.
00:49We must ensure that the changes won't diminish housing and rental supply.
00:54The negative gearing changes coupled with those capital gains tax reforms make investing
01:00in Queensland much less appealing.
01:04They'll make it harder to hit our housing targets.
01:06Queensland's peak social services body backs the property tax changes.
01:11It's an hysterical response to say that this will stymie supply or materially impact rents.
01:19Housing is top of mind across the state.
01:23My rank is I'm terrified, I am absolutely terrified for what's to come.
01:28I'm terrified though of the future, like it doesn't seem to be getting any better.
01:32I think making housing more affordable for young people is an admirable goal.
01:38At the end of last year there were almost 60,000 Queenslanders waiting for social housing.
01:45وعying道
01:45.com

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