The Property Investors Council of Australia is pushing hard to make sure that, as investors, we are heard by our policy makers. We want to make sure that any policy created or amended which has the potential to impact us is based on accurate and comprehensive information to allow for informed decision making.
For some time we have been concerned about the quality and accuracy of the data used to develop Labor’s proposed negative gearing and Capital Gains Tax exemptions policies. Our own investigations and research has led to the Australian Financial Review releasing the following story, included below. We are pleased to see our concerns getting this level of attention and will continue to push for better decision making with our policy makers from all sides of Government.