Gotti: Coalition defeated and deflated over negative gearing

Advertisement

By Leith van Onselen

For years, the property lobby and Coalition has spent huge sums of money and political capital fighting Labor’s negative gearing reforms, launching scare campaign after scare campaign around prices, rents and the economy.

And yet, according to Robert Gottlebsen (‘Gotti’), the electorate has failed to take the bait and has seen the scare campaign for what it was: blatant rent-seeking by vested interests more concerned with lining their own pockets than the national good. From The Australian:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
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.