AFR exclusive! Negative gearing reform delayed

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Must be a slow news day because this is not new nor an exclusive at the AFR:

The timing of the next federal election means investors could have a year longer than anticipated before Labor’s proposed cuts to negative gearing and capital gains tax breaks can start.

…More likely than not, the tax changes would not start until July 1, 2020.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.