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After spending the past year categorically ruling-out reforms to negative gearing, reports have emerged that the Turnbull Government is considering making changes after all in the upcoming Federal Budget. From The AFR:
…sources have told The Australian Financial Review the government has investigated the possibility of putting a limit on the number of properties that investors can buy.
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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.