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Wealthy Australians the heaviest users of negative gearing

April 23, 2019 - 13:45 -- Admin

By Leith van Onselen The Grattan Institute’s Danielle Wood says she is not surprised by tax office data regarding negative gearing losses. The data reveals that the highest average losses are occurring in postcodes with the highest incomes, with Wood noting that those on higher incomes tend to be the keenest users of negative gearing.

The post Wealthy Australians the heaviest users of negative gearing appeared first on MacroBusiness.

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