Desperate REA economist spins negative gearing rent lie

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By Leith van Onselen

REA Group chief economist, Nerida Conisbee, has falsely claimed that Labor’s negative gearing policy would stop investment in homes and force-up rents:

“We’ve already kind of scared property investors off. They don’t like buying in falling markets. The sentiment has really slipped,” she said.

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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.