Guardian Australia
We are less than a month out from the budget and Labor’s mooted adjustments to tax concessions for property investors have barely registered Get our breaking news email , free app or daily news podcast A funny thing happened on the way to the budget: changes to capital gains tax and negative gearing , which had for years been a no-go zone, are now looking likely. One of the first times I wrote about negative gearing was in 2015 when I covered the then treasurer Joe Hockey appearing on Q+A. He said negative gearing was needed because when the Hawke government scrapped it in the 1980s rental prices rose. Continue reading...
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