ANALYSIS: About 1.3 million Australians take advantage of tax breaks for investment properties. Tampering with the scheme could be electoral suicide for any government.
WATCH: NBR senior journalist Lachlan Colquhoun speaks with Hamish McNicol.
Depending where you are on the property ladder, Australia’s negative gearing incentives are either a welcome driver of investment or a rort for rich people that pushes up rents and prices and limits housing availability.
Australia has had negative gearing since the 1930s, when a centre-right
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