Here we go again. Treasurer Josh Frydenberg has written an article in The Australian recycling the same old lies in a fresh scare campaign attacking Labor’s negative gearing reforms. Let’s take a look:
This will punish not just the 1.3 million people with negatively geared properties but everyone with equity in their home, as when they eventually sell their property they will do so in a market with fewer potential buyers. What is more, many of those accessing negative gearing are people that the public would not necessarily consider rich.
