Lindsay David, author of the Book Australian Boom to Bust, has just launched a new petition requesting that Australian federal politicians disclose if they hold negatively geared assets in their Members Interest Statements:
Dear Australian Senate
This is a petition requesting on behalf of the Australian citizens and residents who are seeking action whereby all Australian Federal Politicians disclose in their annual ‘Members Interest Statements’ if they (or their spouse) as individuals (or under a trust, corporation or joint venture) hold an asset which is negatively geared. And there must be full disclosure of the particular asset negatively geared.
The signees of this petition seek action due to the fact that politicians and political rivals will not debate among themselves whether negative gearing is good or bad for the Australian economy. Yet the Australian public is deeply concerned as to why negative gearing is one of the few issues that politicians avoid discussing or debating.
We look forward to the Senate’s response to this petition.
You can sign the petition online here. The goal is to gain 30,000 signatures.
