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The negative gearing debate should focus on the experience of 1985, says John Howard.
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One of Australia's largest real estate networks accused of financial mismanagement.
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While it is reasonable to review the fairness of the current negative gearing/capital gains tax arrangements, the Reserve Bank has indicated it would rather change capital gains tax arrangements than negative gearing.
While such a tax might reduce pressure on the Government to increase the GST, it could affect Australians in unexpected ways.
The only meaningful way to take the pressure off prices is to increase new housing supply.
It’s vital that sales agents and property managers operate within an inspirational, forward thinking culture when the goal is peak performance.
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