overwhelming support to axe negative gearing, page-113

Thanks YChromozome, a real TU post.

NG should go for the long term benefit of the nation, Soo's analysis says it all.
http://www.macrobusiness.com.au/2013/02/busting-negative-gearings-myths/

Further: It encourages over-investment in residential property, an essentially "unproductive" asset, which is an economic distortion.

I recall, ever so proudly, the days when Australia was a productive nation, heck, we used to produce tractors in Melbourne.

The next thing that should go is annual leave loading, no wonder Australia's competitors are laughing.