« Back to Publications

Mythical beasts and public policy

TJ Ryan Foundation research associate, Peter Bridgman, comments (9.3.16) in a post to his personal website about the debate over Labor’s proposed changes to negative gearing regulations. He argues that, despite the proposal drawing criticism from the federal Treasurer among others, the ALP’s policy venture may have done the Coalition government a favour.

‘Federal Treasurer Scott Morrison recently derided the ALP’s Positive Plan to Help Housing Affordability as “selling a unicorn”. Colourful language, but what is happening in policy terms?

‘Even though unicorns do not exist, tax and housing policies do. And it is legitimate for any political party to propose changes to policy. Indeed, negative gearing has been considered politically untouchable ever since 1987 and the ALP may have done the Government a huge favour by putting this risky proposition into play.’

The TJRyan Foundation does not guarantee the accuracy, currency or completeness of any information or material available on this website. The TJRyan Foundation reserves the right to change information or material on this website at any time without notice. Links from this site to external, non-TJRyan Foundation websites should not be construed as implying any relationship with and/or endorsement of the external site or its content by the TJR Foundation, nor any commercial relationship with the owners of any external site. Should any TJRyan research project be funded by an individual or organisation the source of funding will be stated beside the research report. In all other cases contributions are provided on a pro bono basis.
Receive the latest news

Subscribe To Our Newsletter

Get notified about new articles

This field is for validation purposes and should be left unchanged.