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  1. L

    negative gearing review by Govt - what is the status??

    LA_Aussie Well said, Marc!! I'd give kudos, but have to share them around! That is the exact point I've made in several posts over the past year or two: subsidising investors (via NG) is much cheaper for the government than providing housing for tenants (regardless of arguments about what...
  2. L

    negative gearing review by Govt - what is the status??

    evand I did the calculations based on ATO figures a couple of years ago (I have posted them previously - http://www.somersoft.com/forums/showthread.php?p=406710#post406710 ) and it worked out that the government paid out to investors on average a total of around $667 per tenant per annum to...
  3. L

    negative gearing review by Govt - what is the status??

    I couldn't let this one pass! With respect, HG, that is a load of absolute rubbish!!! The taxes that other people pay are determined by two things: their income and the government-set taxation rates - and NOT by what LA_Aussie declares in his tax return (or even by what every property...
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