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EXPLAINER: What is negative gearing and how does it work?
17/05/2023
There’s been plenty of discussion about negative gearing, with Prime Minister Anthony Albanese being attacked from both sides of politics on the issue in recent days.
Mr Albanese has refused to make changes to the tax benefit as the nation continues to whether a housing crisis. But is that the right approach?
Mortgage Choice Broker James Algar joined John Stanley to share in layman’s terms exactly how the system works.