Posts Tagged ‘aspirational’

Six Factors to Flip Negative Gearing into Negative Equity – Someone’s Going to Get Hurt

Thursday, April 1st, 2010

  The Australian Tax Office has released figures on the extent of negative gearing in Australia ahead of the Henry Tax Review. This is no accident. They are preparing the ground for Ken Henry’s changes. The picture drawn is not pretty: it shows the nation’s ‘aspirational’ landlords, heavily weighted with borrowings, perched on a twig, [...]