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The Australian Taxation Office (ATO) has released its Taxation Statistics for the 2009-10 financial year, which once again revealed that Australia is a nation of loss-making landlords. According to the ATO, there were 1,751,679 property investors declared to the ATO in 2009-10 - representing one...

But the same amount is colelcted in rates whoever owns a property and if there was to be (I don't believe it would happen) a mass unloading of IPs there would be a spike in Stamp Duty receipts and possibly CGT too.

You're assuming a big bang end to NG. What would be far more likely would be a phased elimination of it, e.g. not allowing it on new IPs, only allowing losses to be claimed at a lower tax rate, allowing 80/60/40/20/0% of losses to be claimed over a five year period, or the UK system of rolling...

2) is what we have. I don't see the logic of 1). Apart from anything else, no one would want to buy an IP in May-June since you'd have all the initial outgoings and minimal income. It's perfectly reasonable to set up a business knowing that it will lose money in year 1 or 2, and to be able to...

They did this in the UK until the 1980s. Disaster. My dad was one of the very few private landlords from WW2 onwards and our flats were OK by the standards of the time. He would advertise in the local paper with a box number and generally get 200+ applications (by post) from people who were...

I'm a beneficiary of the NG rules, but as a new(ish) Australian I am amazed they exist in their current form. The UK approach, which basically ring fences your property income and lets you carry forward current year losses to set against future profits from property letting but not against...