Vital Signs: why now is the right time to clamp down on negative gearing
- Written by Richard Holden, Professor of Economics and PLuS Alliance Fellow, UNSW
Negative gearing makes it hard for renters to become home owners. Now would be a pain-free time to wind it back.ShutterstockWhen I wrote a report for the McKell Institute about negative gearing, Switching Gears, in 2015, Australia had a housing affordability crisis and negative gearing was costing the budget A$4 billion per year.
Three years on,...
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