Liam J Davies

2 weeks ago | theconversation.com | Matt Garrow |Matthew Hall |Alan Morris |Hal Pawson |Jago Dodson |Liam J Davies

This federal election, both major parties have offered a “grab bag” of policy fixes for Australia’s stubborn housing affordability crisis. But there are still two big policy elephants in the room, which neither side wants to touch. The first is negative gearing. This can apply to business losses relating to any investment. But in the context of housing, it allows property investors to claim annual losses incurred renting out an investment property as deductions against their taxable income.