Watching the value of your biggest asset fall under Labor’s uncertainty

“Australian’s who negatively gear their properties and investors have been left in the dark about when this [Bill Shorten’s negative gearing] policy would start.


Late last year Chris Bowen said he’d like to ‘get cracking on it’, but just four weeks later Shorten announced they ‘haven’t picked the final timing’.

Source: Re-heating an idea that failed

Comment: If they haven’t decided on the timing, then they couldn’t have costed it and it is most unlikely that they even thought about impacts on the economy, and in particular the likely resultant rise in rentals.

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