Negative Gearing Special Edition – Ralphs Newsletter Labour to cut negative gearing Also in the news is the new policy annouced at the NSW ALP conference that Labour intends to allow negative gearing on new properties only and grandfather existing arrangements. Read one of many articles about this by clicking here Personally, I’d have no problem with this. It won’t affect me and won’t affect the club strategy, which has always been to buy new for a variety of reasons, including the negative gearing advantages. I’m not sure the headlines about it being a big election issue risk are justified. It is a policy that is fair, unlike many other proposals that suggest retroactive changes or which disadvantage large sections of the population, usually those least able to afford it. CGT is also on the table for labour with a cut in the concession rate from 50% down to 25%. ...
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