Australia’s ageing army of landlords

Wednesday 17 April 2019

The Australian reports that the proportion of investors who are aged 60-plus rose from around 15% to about 23.5% between 2000 and 2017, whereas the number of negatively geared investors also surged from 631,000 to about 1.3 million over the same period:

The statistics show that between 2000 and 2017, the most recent year for which data is available, the number of individuals negatively gearing their portfolios has more than doubled, from about 631,000 to about 1.3 million.

Over the same period, the number of investors breaking even or making a profit has climbed by a relatively modest 60 per cent, from about 532,000 to about 856,000.

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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.