Josh Frydenberg joins negative gearing budget farce

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By Leith van Onselen

As expected, Treasurer Josh Frydenberg has jumped on the faux rage over Chris Bowen’s understatement of the share of negatively geared investment into newly constructed dwellings:

Josh Frydenberg has accused Labor of “lying” about inaccurate figures behind its negative gearing reforms, and warns there could be “a big black hole” in their election costings as a result…

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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.