Advertisement
The Australian ran a article over the weekend warning that Labor’s own heartland will bear much of the brunt of the party’s plan to curb negative gearing and capital gains tax (CGT) concessions:
Voters in Labor’s heartland seats — including those held by the party’s most senior frontbenchers — are among the nation’s biggest users of negative gearing, according to the latest tax office data.
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
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.