Is Our Prime Minister Benefiting from the Tax Breaks He's Silent About?

As Australians grapple with housing affordability, revelations that Prime Minister Anthony Albanese may have claimed up to $25,000 in tax breaks on his Dulwich Hill investment property raise serious questions.

‍

Albanese’s Property Gains

In November 2015, Albanese bought a $1.175 million property in Dulwich Hill, which he rented out for $880 a week. Modelling suggests he may have benefited from negative gearing, claiming significant tax deductions. Now, with the property up for sale at around $1.9 million, there's speculation about the capital gains tax he’ll face—or potentially reduce.

‍

Silence on Reform

This week, Albanese dodged questions on reforming negative gearing and capital gains tax. With treasury officials reportedly reviewing these policies, his reluctance to commit raises eyebrows. Could his own financial stake in property investment be influencing his position?

‍

Conflict of Interest?

It’s not just Albanese; many politicians benefit from the same tax breaks they debate. This creates a potential conflict of interest—can they truly reform a system from which they profit?

‍

Time for Fairness

As property prices soar, Australians deserve transparent leadership. Real reform is needed, but it must serve the broader public, not just those with investment portfolios.

‍