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Negative gearing #Fact 4: The interests of the property industry are inextricably linked with the broader community

Jun 23, 2016 2:35:10 PM Share this:

The property industry is Australia’s largest and also its largest employer, currently employing 1.1 million people and providing jobs for one in eight working Australians.

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Topics: Real Estate, Negative Gearing

Negative gearing #Fact 3: Existing investors are not protected

Jun 16, 2016 9:05:08 AM Share this:

The provisions in Labor’s policy to “grandfather” negative gearing on current investments will do little to help existing investors, and nothing to protect them from the likely negative repercussions of the policy.

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Topics: Property Investment, Negative Gearing

Infographic: The facts on negative gearing

Jun 9, 2016 4:04:47 PM Share this:
What are you writing about today?

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Topics: Investment Property, Negative Gearing

Negative gearing #Fact 2: If changes are made tenants will be faced with higher rent

Jun 8, 2016 3:04:35 PM Share this:

If landlords lose the ability to write off losses on their investments, and current rents don’t cover mortgages and other costs associated with providing the property for lease, it is obvious that rents will have to be increased to the point those expenses are covered in full.

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Topics: Australia, Real Estate, Negative Gearing

The facts about negative gearing: #Fact 1

Jun 6, 2016 9:12:51 AM Share this:

The greatest hurdle for first home buyers isn’t actually the purchase price.

Most lenders now require a 20% deposit due to APRA requirements designed to mitigate against the kind of bad loans that helped trigger banking collapses in the US and UK during the Global Financial Crisis; the few lenders who will lend more than 80% of the purchase price also require the upfront purchase of mortgage insurance, which in itself can run into thousands of dollars. 

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Topics: Property Investment, Investment Property, Negative Gearing