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

Negative gearing a “red herring”: Scott Morrison

Notify me of new replies via email
Australian Broker | 31 Jan 2017, 08:25 AM Agree 0
The Treasurer has again shot down negative gearing as an affordability solution and pointed to UK regulations on developers instead
  • Demand Side | 31 Jan 2017, 10:29 AM Agree 0
    He can keep saying Neg gearing and capital gains freebies don't distort the market (or affect the budget).

    But the evidence doesn't lie.

    And families working at 110%, not affording a 1br unit while getting outbid by investors don't lie either.

    Morrison is just preparing his leadership run. Remember how Joe Hockey got all honest about negative gearing on the way out?

    Go half way "Make negative gearing for new stock only".
Post a reply