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Negative gearing needs to be reformed, says Hockey

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Australian Broker | 22 Oct 2015, 06:29 AM Agree 0
In his farewell speech to the federal parliament, former Treasurer Joe Hockey has back flipped on the treatment of negative gearing, saying the tax break needs to be reformed
  • CJ | 22 Oct 2015, 09:33 AM Agree 0
    Any changes to negative gearing need to be made on the number of assets held. No use cracking down on mum & dad investors that have 1, 2, 3 homes. Needs to be hauled back to if you have more than 5 properties and/or combined value around >$3m or something like that.
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