Big majority supports Labor’s negative gearing reforms

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By Leith van Onselen

Despite the vicious scare campaign launched by the Coalition and the property lobby, Labor appears to have little to fear from persisting with its negative gearing and CGT reforms, with the latest ABC Vote Compass – based on 223,533 respondents – showing that more voters support Labor’s policy than oppose it:

Almost half of voters agree there should be fewer tax breaks on investment properties, Vote Compass finds, but 20 per cent are neutral and 29 per cent disagree…

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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.