What negative gearing changes could mean to you

Posted by Simon Dehne on February 22, 2016 in Latest News with No Comments

negative_GearingA top-rate taxpayer with two investment properties would be about $19,000 a year worse off under the Labor Party’s plans to limit negative gearing. Does that mean property investors should be running for the hills, or that potential investors should buy before the changes?

No, because it’s been suggested any changes would be “grandfathered”, meaning investments existing before July 1, 2017 would be exempt. And it’s looking highly unlikely that Labor will win the next federal election.

Read more.

« previous post

Proposed changes to negative g...

rentalLANDLORDS warn they will hike up rents if negative gearing is scaled back. Labor Party ...

next post »

Claims that Sydney is heading ....

Sydney Opera House  For those excited by the prospect of snagging a Sydney home for half price follo...

Leave a Reply

No trackbacks yet.

No post with similar tags yet.

Posts in similar categories

QUICK START Compare Home Loans

I am looking to buy a ...
I need to get a loan for ...
The type of interest rate I require is ...
My timeframe to buy or refinance is ...
Compare Investment Mortgages

Interest Rates in Australia

RBA Cash Rate:


Next RBA meeting:


Last months RBA Decision

- 0.00

RBA Rate Change last 12 mths:


Current & Past News Updates