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Tax policy changes to hurt landlords, tenants

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Your Investment Property | 07 May 2019, 09:35 AM Agree 0
A new report predicts that rents will rise and investment will fall if Labor’s proposed CGT and negative gearing changes come to pass
  • Mimi | 07 May 2019, 11:02 AM Agree 0
    I was considering buying an investment property. I’ve decided not to because of Labor’s negative gearing changes. Instead I’m going to use the deposit I saved to go on an overseas holiday.

    Two things from this, one less home in the rental market means less money from me back to the economy through agents management fees, maintenance fees, insurance etc. And I’ll be spending my money overseas which doesn’t help the Australian economy at all.

    Bill Shorten hasn’t thought this policy through or the timing is wrong. I like his other policies but not this one.
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