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Election surprise. Negative gearing isn’t a rort — but something else is

  • Written by Steven Hamilton, Visiting Scholar, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University

Perhaps the most woefully misunderstood economic issue of the election campaign has been negative gearing.

I’ve been baffled by the number of times I’ve read commentary by otherwise thoughtful people describing negative gearing as a distortion to the property market – as a rort we need to crack down on.

But as someone who knows a...

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