Interest rates put pause on negative gearing benefits

Tax expert Steve Douglas discusses how historically-low interest rates have changed the landscape for negative gearing.

There has been much confusion about negative gearing in Australia since the 2019 Federal Election, when the Labor Party ran on a policy to abolish it.  

I am pleased to say that they lost the election, largely due to the public backlash against the threat of removing negative gearing, and hence there were no changes to the law…