Australian Broker forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Retrospective negative gearing changes 'blatantly inequitable'

Notify me of new replies via email
Julia Corderoy | 01 Mar 2016, 07:40 AM Agree 0
The political commentary regarding retrospective changes to negative gearing is concerning, the real estate and construction partner at an international accounting firm has warned
  • Steve McClure | 01 Mar 2016, 03:30 PM Agree 0
    No political party that matters, or any credible think tank has suggested retrospective changes. That's probably why this article hasn't quoted any. In fact, when there's no substantial foundation, articles like this might cause damage from undue speculation.
  • Ethan Hayes | 19 Mar 2016, 02:30 AM Agree 0
    By 'retrospective', the author meant existing properties already acquired on which negative gearing losses had been claimed. This was indeed reported in the Australian Financial Review a while back, so this wasn't speculation. The article was not talking about going back to previous income years and removing negative gearing benefits retrospectively.
Post a reply