The Property Couch

51 | Will Labor's proposed changes to Negative Gearing policy be good or bad for ordinary Australians?


Listen Later

What an interesting weekend! We always knew that the negative gearing debate was one that would never fade away but last weekend on the 13th of February 2016, Opposition Leader Bill Shorten used his speech at the NSW ALP conference to unveil some possible changes to negative gearing should Labor win the next election. Needless to say, this opens up a lot of conversations and debates surrounding what this policy would involve, what data the decision is based on, the policy’s framework and its implications.

In his speech, Bill Shorten mentioned that if Labor wins the next election, from July 2017 onward, negative gearing will only be available on newly constructed homes. This is to improve the efficiency and fairness of the Australian Taxation system and he reiterated that the changes will not affect existing negatively geared properties. Furthermore, this policy will also reduce the subsidy on CGT from 50% to 25%. You can read the rest of his speech here.

As property investment advisors, property analysts and professionals who are actively involved in the industry, Bryce and Ben are both aware that any negative gearing changes would have a ripple effect on the Australian property market as well as the general economy. Decisions that are made without considering all the impacts on the market would mean history repeating itself again such as the brief change in negative gearing in 1985. Hence, in this podcast, they analyse Labor’s proposed changes and explain the good and bad aspects of those changes.

It is important to note that Bryce and Ben’s comments and opinions in today’s podcast are their own and not the position of the Property Investment Professionals of Australia (PIPA).

If you like this podcast: “Will Labor’s proposed changes to Negative Gearing policy be good or bad for ordinary Australians?”, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/.

LISTEN TO THE FIRST 20 EPISODES HERE >>

MOORR MONEY MANAGEMENT APP:
👉 Apple: https://apple.co/3ioICGW
👉 Google Play: https://bit.ly/3OT86bW
👉 Web platform: https://www.moorr.com.au/

FREE MASTERCLASS:
- How to Build a Property Portfolio and Retire on $2,000 a week >>

FREE BEST-SELLING BOOKS:
- The Armchair Guide to Property Investing
- Make Money Simple Again

FIND US HERE:
- Website
- Instagram
- Facebook
- Youtube

...more
View all episodesView all episodes
Download on the App Store

The Property CouchBy Bryce Holdaway & Ben Kingsley

  • 4.4
  • 4.4
  • 4.4
  • 4.4
  • 4.4

4.4

18 ratings


More shows like The Property Couch

View all
Property Investment Podcast Network by Momentum Media

Property Investment Podcast Network

23 Listeners

The Money Puzzle, with James Kirby by The Australian

The Money Puzzle, with James Kirby

44 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

61 Listeners

Property Investment, Success & Money | The Michael Yardney Podcast by Michael Yardney; Australia's authority in wealth creation through property

Property Investment, Success & Money | The Michael Yardney Podcast

28 Listeners

Investopoly by Stuart Wemyss

Investopoly

15 Listeners

money money money by Glen James

money money money

48 Listeners

The Elephant In The Room Property Podcast | Inside Australian Real Estate by Veronica Morgan & Chris Bates

The Elephant In The Room Property Podcast | Inside Australian Real Estate

12 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

17 Listeners

Australian Finance Podcast by Rask

Australian Finance Podcast

30 Listeners

Pizza and Property by P&P Media

Pizza and Property

14 Listeners

this is property by John Pidgeon & Rachelle Kroon

this is property

10 Listeners

Inside Commercial Property by Rethink Investing

Inside Commercial Property

4 Listeners

Scouting Australia Podcast by Australian Property Scout

Scouting Australia Podcast

6 Listeners

Australian Property Podcast by Rask

Australian Property Podcast

13 Listeners

Aussie FIRE | Financial Independence Retire Early by Hayden Smith & Dave Gow

Aussie FIRE | Financial Independence Retire Early

2 Listeners