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    Media - Neg Gearing limit to New IPs

    I don't agree with that at all. I don't care whether they keep negative gearing at all. But I do want to stress that NG was not a consideration in any property purchase I have made. OTOH, zero capital gains tax on a PPoR was a consideration when I bought my main residence. I will be building...
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    Media - Neg Gearing limit to New IPs

    Add to that: these blinds don't work and need to be replaced. <-- turns out the blinds were just loose and simply re-winding them fixed the "broken" blinds. About 2 mins per blind to fix.
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    Media - Neg Gearing limit to New IPs

    Nothing. It will be business as usual for them. This is just changes to negative gearing for real estate investors.
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    Media - Neg Gearing limit to New IPs

    All speculation at this point. But factories and other commercial property may be exempt from the changes. In terms of residential, it's unlikely to impact prices in the medium to long term after a short term possible price reduction. Say prices dropped in the short term as investors sold off...
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    Media - Neg Gearing limit to New IPs

    "While Treasury does not comment on budget speculation, rumours of cuts to negative gearing circulate at budget time nearly every year. And with good reason. Each year Australians enjoy about $36 billion worth of tax breaks on the family home." negative gearing ... tax breaks on the family...
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