Federal politics got interesting this week when our very own James Massola and David Crowe reported that the Labor government has asked the Treasury to model cuts to negative gearing tax concessions, a policy that has previously caused Labor plenty of electoral pain. 

The Prime Minister and his frontbench are being very coy about any proposed changes to the tax treatment of investment properties. 

Are changes to negative gearing an option the government is really considering? How would they argue the case to cut the concessions this time, given they have tried and failed to do so before? And would changes to negative gearing make any difference to house prices anyway?

Joining Jacqueline Maley to discuss are chief political correspondent David Crowe and national affairs editor James Massola. 

Cut through the noise of federal politics with news, views and expert analysis. Subscribers can sign up to our weekly Inside Politics newsletter.

Subscribe to The Age & SMH: https://subscribe.smh.com.au/

See omnystudio.com/listener for privacy information.