Tag Archives: Bill Shorten

BREAKING: Labor Pulls Negative Gearing Policy Info From Site

The ALP’s website has significantly cut-back the information available on their headline policy of negative gearing reform. The changes include removing nearly 90 paragraphs of information and fact sheets, including explainer charts and diagrams, down to just 10 paragraphs. Despite the lack of information, the site still lists the policy as being put into effect as of the 1st of

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Tech Blunder Reveals Labor Internally Changed Mind on Negative Gearing As Early As October

Tech oversight could have given away Labor’s internal doubts over Negative Gearing Policy Change of policy wording coincided with start of housing downturn back in October  Negative Gearing & Housing Affordability no-longer a headline issue on website First Reported on Real Estate News Group On Friday, Bill Shorten gave the Australian Financial Review an ambiguous answer on his planned timing

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Bill Shorten: Negative Gearing Is A Tax Break Used To Fund Big Real Estate Agents

Bill Shorten: Negative Gearing Is A Tax Break Used To Fund Big Real Estate Agents. (Headline: Excerpt from The Advertiser report, Saturday May 14th, 2016) Bill Shorten has officially positioned himself against the real estate industry, after responding to a video by the Real Estate Institute of Australia damning the Labor Party’s proposed changes to negative gearing. “Your taxes are

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Malcom Turnbull Speaks on the Negative Gearing Issue

  Summary: Labor proposes: After 1st July 2017, it will not be possible to negative gear against personal income from an investment property, except in the case of new developments. Labor is also proposing to increase capital gains tax by 50%. Turnbull compares negative gearing of investment properties to claiming expenses against any other business investment or purchase. Turnbull Speech

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