Negative gearing myth BUSTED

The government is finally phasing out this rort, and landlords are crying "rents will skyrocket!" like they did in the 80s.
But the data says otherwise:
Last time we removed neg gearing (1985-87), rent hikes varied wildly by city — local conditions mattered, not the tax change.
Treasury & CBA both say: impact on rents = $2/week in a decade.
Investor demand collapsed 2017-2019 (banking royal commission). Rents grew just 1.2% per year.
Existing investors are grandfathered. New builds still get concessions.

The "sacred cow" was always about subsidising wealth extraction, not housing supply.

#auspol #housingcrisis #negativegearing

https://au.finance.yahoo.com/news/negative-gearing-myth-after-40-years-shows-landlord-loss-shouldnt-hurt-renters-190000304.html

Property Tax Laws Shift: Negative Gearing for Existing Homes Altered

How do the new negative gearing rules for existing homes affect investors? Learn what changed on Budget night 2026 and how it impacts your tax deductions.

#propertytax, #investing, #housingmarket, #budget2026, #negativegearing

https://newsletter.tf/new-negative-gearing-rules-may-2026/

Starting May 2026, investors can no longer use losses from new residential property purchases to lower their income tax. This is a big change from the old rules that allowed these deductions to help lower yearly tax bills.

#propertytax, #investing, #housingmarket, #budget2026, #negativegearing
https://newsletter.tf/new-negative-gearing-rules-may-2026/

Amy Remeikis

'Anyone who currently owns an investment property will be able to continue to negatively gear it or, put another way, have the taxpayer subsidise them for their loss...you can only do it if you are making a loss. So you have to be prepared to make a loss, which the taxpayer will then subsidise'

#housing #ausPol #federalBudget #negativeGearing

https://www.thenewdaily.com.au/finance/news-federal-budget/2026/05/13/federal-budget-tax-broke-promises

Structural Tax Revisions Surface as Federal Budget Focus

Will the Australian government change negative gearing and capital gains tax in the May 2026 budget? Learn how these new rules affect property investors today.

#australiabudget, #negativegearing, #taxreform, #australianproperty, #housingmarket

https://newsletter.tf/australia-budget-tax-changes-may-2026/

The government is planning to cut the capital gains tax discount from 50% to 25%. This is a big change from their previous promises to keep tax rules the same.

#australiabudget, #negativegearing, #taxreform, #australianproperty, #housingmarket
https://newsletter.tf/australia-budget-tax-changes-may-2026/

I note the #Albanese Government has finally done something about #NegativeGearing and the #CapitalGainsTax in the Budget.

It is only four years late for this mob and it should never have been made in the first place by John Howard’s Government. But as @amyremeikis.bsky.social points out in her excellent book, everything that is wrong with Australia started under the Howard Government.

The Negative Gearing change ‘grandfathers’ (ie, does not apply to) people with existing properties … that would be nearly every politician in the Federal Parliament.

I’ll write that again … the changes to negative gearing do not apply to nearly every single politician in the Federal Parliament.

#AusPol #Budget2026 #Budget26

Edited to add a hashtag

Prime Minister Defends Housing Tax Reforms With Childhood Narrative

Prime Minister Albanese explains new housing tax rules by talking about growing up in public housing. Find out how it affects property investors and renters.

#HousingTax, #Albanese, #NegativeGearing, #CGT, #AustraliaHousing

https://newsletter.tf/pm-albanese-defends-housing-tax-changes-childhood/

Prime Minister Albanese is using his childhood story of living in public housing to explain new housing tax changes. This is a big shift from previous government promises.

#HousingTax, #Albanese, #NegativeGearing, #CGT, #AustraliaHousing
https://newsletter.tf/pm-albanese-defends-housing-tax-changes-childhood/