The only scenario I might support the abolishing of NG is if Capital gains tax was abolished.
Our current imbocile government won't be dropping CGT they need that to plug up the fiscal holes especially now that the company tax reciepts are off 40% last financial year...
Is this a red flag or what?
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- 'it's time to abolish negative gearing'
'it's time to abolish negative gearing', page-13
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