ATO targets landlord army’s 90% dodgy returns

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It never rains but it pours, via Herald Sun:

Dodgy landlords’ social media accounts will be put under the blowtorch by the ATO as they crack down on incorrect rental deductions.

Accommodation booking websites will also be examined to make sure landlords are not making false claims simply to get money back.

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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.