Will the PM’s tax reform fix the housing crisis?
May 13, 2026 •
The housing market – and young people without rich parents being locked out of it – has dominated dinner table conversations for years.
This budget the Albanese government decided to try and do something about it: limiting negative gearing and replacing the capital gains tax.
So what difference will that make and how long will it take for anything to change?
One person who can help answer those questions is Stephen Koukoulas.
He’s been an economist for decades, including as Senior Economic Advisor to then-Prime Minister Julia Gillard.
He’s seen first hand how these tax policies have shaped the housing market and how reversing them has seemed impossible.
Today, economist Stephen Koukoulas on the future of housing in Australia.
If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support.
Will the PM’s tax reform fix the housing crisis?
1914 • May 13, 2026
Will the PM’s tax reform fix the housing crisis?
The housing market – and young people without rich parents being locked out of it – has dominated dinner table conversations for years.
This budget the Albanese government decided to try and do something about it: limiting negative gearing and replacing the capital gains tax.
So what difference will that make and how long will it take for anything to change?
One person who can help answer those questions is Stephen Koukoulas.
He’s been an economist for decades, including as Senior Economic Advisor to then-Prime Minister Julia Gillard.
He’s seen first hand how these tax policies have shaped the housing market and how reversing them has seemed impossible.
Today, economist Stephen Koukoulas on the future of housing in Australia.
If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support.
Guest: Economist, Stephen Koukoulas
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7am is a daily show from Solstice Media.
It’s made by Arielle Richards, Atticus Bastow, Chris Dengate, Daniel James, Krystal Keller, Ruby Jones, Travis Evans and Zoltan Fecso.
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