By Catherine Cashmore Follow Catherine on Twitter Cross-posted from Macrobusiness There’s been a lot of debate around property taxation in Australia; significantly negative gearing, which allows an investor to use the short fall between interest repayments and other...
BLOG: negative gearing
Saul Eslake: 50 Years of Housing Failure
Address to the 122nd Annual Henry George Commemorative DinnerThe Royal Society of Victoria, Melbourne 2nd, September 2013 by Saul Eslake An edited audio recording of the presentation was broadcast on this week's Renegade Economists radio show. Note: The opinions...
20 Investor Advantages
Updated April 2016 Location, location is a crucial real estate strategy but ignored in neo-classical economics. This leads to poor economic policy that ignores the natural advantage of owning a prime location over running a business. Investors hover around 50+% of all...
Property bubble? That’s the theory, anyway
By Philip Soos Reprinted from The Conversation As Australian housing prices have boomed over the last decade and a half, there has been much discussion over whether a bubble exists in the residential property market. More recently, the concern is the record-low...
Saul Eslake @ 122nd Annual Henry George Commemorative Dinner
Link to presentation Saul Eslake is one of Australia's most highly respected economists and a renowned critic of Negative Gearing: "In my view it is impossible to conclude that negative gearing serves any purpose than to allow wealthily affluent tax payers to defer...
Written Off: Negative Gearing Report
by Philip Soos Executive Summary Negative gearing is a popular investment strategy as it allows a net loss to be deducted against an investor’s personal tax liability at their marginal tax rate. While negative gearing has likely been in operation since the first...
Australia’s fatal flaw: Negative Gearing
“You only find out who is swimming naked when the tide goes out.” - Warren Buffett, Chairman's letter 2001. Negatively geared property investors are exposing themselves, the banks and every Australian citizen to capital destruction, a highly infectious disease that...
Negative Gearing reform proposals much needed
Today it has leaked that the Gillard Govt is sounding out the possibilities for reforming the detested negative gearing: THE Gillard government has sounded out unions over steps to cool Australia's housing market, with measures that range from a new sales tax for...
Interest Rates Shoot the Messenger
March 08 figures reveal that loans for first home owners dropped to just 16.4% of owner-occupied approvals. Yes 16.4%! The Great Australian Dream is being dominated by baby boomers and/ or speculators. Those that most need a roof over their heads are the last in the...
Out of Reach – housing forum
Last night saw SBS's excellent Insight program tackle housing affordability under the title Out of Reach. Over 270 comments have been posted since the event, giving warrant to the excellent comparing host Jenny Brockie does each week. As probably the fourth panel type...