Terry McCrann launches worst ever negative gearing attack

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By Leith van Onselen

Just when I thought we’d hit peak stupid in the negative gearing debate, along came Terry McCrann with the following idiocy in the The Weekend Australian:

…the very skewed attack on negative gearing would not just be bad and dumb but would particularly hurt the very — lower and middle-income — people who Labor is both generally supposed to care about and for whom Bowen and Shorten, using the word loosely, think they are helping with this attack.

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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.