The Australian Council of Trade Unions is urging Federal Labor to slash tax benefits for Australians with invest properties through a five-year plan which would only allow people to access the tax incentives on one home.

ACTU President Michele O’Neil spoke to 6PR Radio Perth Live presenter and said about one per cent of investors own 25 per cent of investment properties in Australia, which is one of the reasons why housing has become so unaffordable for people.

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