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Negative gearing is yesterday’s problem

June 10, 2021 - 00:10 -- Admin

The AFR reported that the proportion of landlords negatively gearing rental properties fell to 58.6% in 2018-19, according to the latest Australian Taxation Office (ATO) statistics. This was the lowest level on record and well down on the peak of 69.6% in 2007-08. There were also 19,113 fewer negatively-geared landlords than in 2017-18, representing the

The post Negative gearing is yesterday’s problem appeared first on MacroBusiness.

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