Shorten: Cut negative gearing to stimulate growth
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Labor Leader Bill Shorten continues to push the case for reforming negative gearing and the capital gains tax discount, arguing that they are essential to both boosting growth and growing the middle class. From The AFR:
Changes to negative gearing… will stimulate growth, not be a dividend of it…
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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.
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