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Major Parties Target Changes to Negative Gearing

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Negative gearing has taken centre stage in federal politics with the Opposition and now the Government foreshadowing changes to the tax concession. Image: Properties for sale in Sydney (AAP)


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By Gareth Boreham, Ronald Manila

Source: SBS



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Negative gearing has taken centre stage in federal politics with the Opposition and now the Government foreshadowing changes to the tax concession. Image: Properties for sale in Sydney (AAP)


But opinion is divided over its merits for property investors.

 

While the industry argues any cuts will hit middle-income earners, economists say reform is long overdue.

 


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