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What makes you think that it failed? Theyre far from gutless given all the other cost saving measures theyve just implemented. Maybe neg gearing doesnt cost them as much as you think it does?

Are you serious?

Keep negative gearing but get rid of depreciation would be a decent move imo A) its really just giving property holders a few grand a year per property for free B) itll slow down spruikers that flog otp