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The Guardian

Australia news live: Pocock urges ‘sensible’ negative gearing reform; NT conservation group calls for Beetaloo fracking stay



Independent senator says housing being treated as ‘investment vehicle’ rather than ‘human right’. Follow today’s news headlines liveGet our breaking news email, free app or daily news podcastNT conservation group calls for Beetaloo fracking stayA Northern Territory conservation group is asking a court to make an immediate order to prevent drilling for gas in the Beetaloo basin, arguing surface water and groundwater should be protected from fracking.We live in the territory. This is our home. We are fighting to protect our water from the dangers of fracking.Housing, it is dire, particularly if you’re a young person or a more marginalised group. You know, women over 55, it is almost impossible to get into housing market unless you have the bank of mum and dad, unless you have wealthy parents. That’s not the Australia I think we want to be living in.When you actually start to talk about reform, and you say, “Well, what about limiting it to one investment property?”, most people say, “Well, that seems pretty fair.” There are people out there who may not have superannuation. You run a small business, you have an investment property … for your retirement. That seems legitimate. Continue reading…



Source link : https://www.theguardian.com/australia-news/live/2024/sep/27/australia-news-accc-supermarkets-report-peter-dutton-international-students-comments-anthony-albanese-negative-gearing-ntwnfb

Author : Rafqa Touma

Publish date : 2024-09-26 22:12:12

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Tags : The Guardian
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