'According to the Australian Taxation Office (ATO), around 30% of Australians own an investment property with 40% of those being neutrally or positively geared. That means that 60% of investment properties are negatively geared.' https://duotax.com.au/insights/positive-gearing/
60% of property investors are intentionally making a loss making investment! If that isn't the clearest indicator that NG should be scrapped I don't know what is?
