Government Position on Negative Gearing Shows Understanding of the Facts
In welcoming the Turnbull Government’s announcement that there will be no changes to Negative Gearing and Capital Gains Tax the REIA has described this as the right position based on a rational assessments of the facts.
“The current tax arrangements, in treating property no differently to other forms of investment, provides an incentive for private investment which increases supply for our growing population, keep rents affordable and eases the burden on social housing”, said REIA President Mr Neville Sanders.
