Loony right’s negative gearing defence fails

Tuesday 8 July 2014

The Australian’s Judith Sloan has written a typically abusive comment aimed at “doomsayers” that have questioned the merits of Australia’s world-beating and poorly targeted tax expenditures.

Of particular note, is Sloan’s defence of negative gearing, where she argues the following:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.