The Weekend Post : 2019-01-12

News : 8 : 08

News

NEWS 08 SATURDAY JANUARY 12 2019 CAIRNSPOST.COM.AU NEGATIVE GEARING WHY THE FUSS OVER R NEGATIVE E GEARING? ? TWO- WAY CHRIS CALCINO What is negative gearing: When you borrow money to invest in a property but the rent you accrue is less than your expenses, under the current system investors are able to deduct those shortfalls from their taxable income, which in turn makes it much easier to invest in the housing market. It has also been an important factor in driving up rental stock. Why it is controversial: While rentals will always be needed, the ability of investors to offset their losses on their second, third or 15th property can drive up prices, pushing would-be first-home buyers out of the market. twitter.com/TheCairnsPost facebook.com/The CairnsPost www.cairnspost.com.au FINANCE AVAILABLE * C$AM1PER8TR,AI5LER9SFR0 OM C$AR3AVA8NSF,R7OM POP2-TOP6SF,RO4M $ 90 90 JAYCO CAIRNS JAYCO TOWNSVILLE JAYCO.COM.AU or 1300 JAYCO RV 10-19 JANUARY 2019 *Finance provided by Macquarie Leasing Pty Limited ABN 38 002 674 982 (Australian Credit Licence No. 394925) to approved applicants (not available to fleet, government or rental buyers), subject to its credit assessment criteria. Fees and charges are payable. Full conditions available on application. 4RT3492_TCP CCPE01Z01MA - V1

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