More AFR negative gearing fake news

Advertisement

By Leith van Onselen

The AFR’s lobbying against Labor’s negative gearing policy couldn’t get any worse:

“The numbers shadow treasurer Chris Bowen is quoting for new housing stock created by investors is not just incorrect, it is substantially incorrect,” said Tim Reardon, chief economist for the Housing Industry Association, the nation’s building industry peak body.

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.