LOL, why did the researcher stop at negative gearing,as the only means to minimise the tax paid?
The so-called researcher never mentioned family trusts.
Meanwhile, depending where the money is invested, the trust can be used to build wealth for future generations.
Shares and land
Deloitte Private tax partner David Pring says family trusts generally hold assets likely to appreciate in value – such as shares or land – rather than cash. This allows any capital gain to be distributed to individuals and taxed at concessional rates. Cash is often invested in a company until the cash is needed.
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Where does the tax burden lie?, page-26
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