The REIA and Property Council have joined forces, claiming the Labor Party’s proposed changes to negative gearing and capital gains tax “will have negative impacts on mum-and-dad investors, home owners, renters, the construction industry, state governments and the economy,” in the words of REIA president Adrian Kelly.
They cite a “truck load” of reports that oppose the changes. Here’s why they are wrong.
https://thenewdaily.com.au/money/property/2019/05/13/negative-gearing-mythbusting/