Labor has not ruled out potential changes to negative gearing as reports emerge that Treasury is examining housing tax concessions. Prime Minister Anthony Albanese has stated that public servants are exploring various policy proposals, although he has not confirmed or denied any specific plans regarding negative gearing. Recent reports indicate that the government has tasked Treasury with modeling possible adjustments to negative gearing concessions. This comes amid increasing pressure from the Greens and crossbench members to reform property investment tax breaks. Speculation is growing that Labor may consider significant changes as part of their strategy for the upcoming re-election campaign.