Negatively geared investors lost $8,800 each in 2016-17

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By Leith van Onselen

The Australian Tax Office (ATO) has released its taxation statistics for the 2016-17 financial year, which registered a small fall in the number of negatively geared property investors, with annual losses claimed also falling marginally.

According to the ATO, there were 2,179,107 people claiming net rent in 2016-17 (2,149,796 claiming gross rent), a 1.0% reduction from the previous financial year:

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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.