I think it makes sense to limit negative gearing. But it would be a tough sell to remove it entirely. They could limit it to a max amount per year. Maybe 20k per year.

[–] Zagorath@aussie.zone 2 points 4 months ago

The proposal is to limit it to one property. So small-time investors still get the full benefit of it, while larger ones (1% of investors have 25% of negatively geared properties is what they said on Insiders, I think) get cut drastically.

[–] dockedatthewrongworf@aussie.zone 1 points 4 months ago* (last edited 4 months ago)

I wonder if they limited negative gearing to new properties it would allow established units/houses to be sold and encourage more houses and unit to be developed? Could limit it to 5 - 10 years before you lose the negative gearing benefits.