Negative gearing losses surge

Tuesday, 21 July 2020

The ATO’s Taxation Statistics for 2017-18 have been released, which shows that the number of negatively geared property investors rose by 200,000 over FY18, with total losses ballooning by $800 million to $13.1 billion:

The average loss per negatively geared investors was $9,924 in FY18, up from $9,461 in FY17.

The below table also shows a lift in the number of people with multiple investment properties:

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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.